Calculating TAX and GRATUITY By Ms. Morgan. Task Students will be able to estimate a percent of quantity given an application. Students will be able to.

Slides:

Advertisements

Similar presentations

SOLVING PROBLEMS INVOLVING DISCOUNTS AT SALES AND SALES TAX.

Advertisements

Which states have a sales tax rate closest to the Texas sales tax rate?

EXAMPLE 1 Finding a Sale Price You are shopping for a guitar and find one with an original price of $160. The store is offering a 30% discount on all guitars.

Ratios * Of means to multiply Using percents  To calculate sales tax of an item, simply multiply the cost of the item by the tax rate.  Example: You.

Bell Ringer Solve the following proportions x/5 = 9/453/4 = x/4412/x = 48/60 On a scale of 1-10, 1 being I have learned nothing and 10 being I have learned.

7 th Grade Math Ms. Richardson.  Before, we answered all types of percent questions using proportions.  However, when you are finding the percent of.

POD 4 What number is 25% of 240? p =.25 × 240 basicadvanced p = 60 A used copy of 2K15 costs 75% as much as a new copy. If a used copy is $45.00, then.

Percent Discount and Markup

DISCOUNTS, SALES TAX, TIPS DISCOUNTS Example: Regular Price = $10 Discount = 20% Step 1 Change the percentage to a decimal Step 2 Multiply the Regular.

Wednesday, Feb. 5, 2014 Directions: Please come in and get your journal. On your next blank page, write today’s date on the top line. Title this page.

NS1.6 Calculate the percentage of increase and decrease of a quantity. NS1.7 Solve problems that involve discounts, markups, commissions, and profit and.

Estimating With Percents Lesson 6-8. Sales Tax Round the cost of a given item to the nearest dollar. Multiply that estimate by the decimal version of.

Course Estimate with Percents 6-2 Estimate with Percents Course 3 Warm Up Warm Up Problem of the Day Problem of the Day Lesson Presentation Lesson.

Bell Work: Tax and Tip! Your bill is $ What is your total after you leave a 20% tip and pay 5% tax? Method 2 Multiply the price by 125% since.

Percent Increase and Decrease

Transparency 7 Click the mouse button or press the Space Bar to display the answers.

Applications of Percent

2.5 Application of Percents. Key words: –“of” means “multiply” –“is” means “= ” –“what number?” means “x” To convert a decimal number to %, move the decimal.

Do Now 4/21/10  Take out HW from last night. –Text p. 355, #8-24 evens  Copy HW in your planner. –Text p. 360, #8-24 evens  In your notebook, answer.

Why??  Percents are all around us! Sales and discounts shopping Sales Tax Income Taxes Tips on restaurant bills Etc…  When doing problems with % remember.

Changing forms Basic % problems % Change % Applications Interest Final Jeopardy.

Ratio —comparison of 2 quantities by division Written using to, :, fraction Ex: 10 to 15, 10:15, 10/15.

Holt CA Course Percent of Change NS1.4 Calculate given percentages of quantities and solve problems involving discounts at sales, interest earned,

Bell Work Movie tickets used to cost $5, now cost $7. Find the percent of change. A percent of change tells how much a quantity has increased or decreased.

Algebra 1 Notes 3.7 Percent of Change.

Markup and Discount NS 1.4 Calculate given percentages of quantities and solve problems involving discounts at sales, interest earned, and tips. Objective:-Students.

Calculating Tax, Tips, and Commission

Reminder : animation video sales tax. Show at end of lesson.

Tax, tip, and Markup Notes and examples.

Calculating Taxes on Purchases Math 8 Ms. Stewart Outcome: B3 Create and solve problems which involve finding a, b, or c in the relationship a% of b =

Percents A percent is a ratio that compares a number to 100.

Sales Tax and Discount. Sales tax and discount Sales tax - is an additional amount of money charged on items people buy. The total cost is the regular.

Holt CA Course Percent of Change Warm Up Warm Up California Standards Lesson Presentation Preview.

PERCENT INCREASES. NS 1.4 Calculate given percentages of quantities and solve problems involving discounts at sales, interests earned, and tips. Today’s.

A item is marked 25% off and then you are given an additional discount of 10%. What will you pay? Are receiving a total of 35% off? Explain why or why.

Percent Increase Mrs. Kuznia Math 8 Day 13. Percent Increase Examples of Percent Increase: Sales Tax Mark up Tips (gratuity)

Topic 2 Proportional Reasoning with Percents Percent of a Number To find the percent of a number, you can: write the percent as a fraction and.

EXAMPLE 4 Solve a Multi-Step Problem SOLUTION STEP 1Find the amount of the tip. Your food bill at a restaurant is $24. You leave a 20% tip. The sales tax.

Using Proportions to Solve Percent Problems MCC7.RP.3: Use proportional relationships to solve multistep ratio and percent problems. Examples: simple interest,

Percent Increase Mrs. Kuznia Math 8 Day 13. Percent Increase Examples of Percent Increase: Sales Tax Mark up Tips (gratuity) Commission.

Percent of Change. Objective: To find the sale price of various items. To use the percent of change formula to find discount.

Reminder : animation video sales tax. Show at end of lesson.

Discount. EX1)A stereo’s regular price is $430. The store is running a sale with a discount of 10%. Find the sale price Step 1Change % to decimal Step.

6.3 Students will be able to use estimates to solve percent problems. Warm Up 1.What is 23% of 24? 2.What number is 85% of 103? 3.What percent of 23 is.

Bell Work Explain why Jamar’s solution was incorrect.

Master Assignment By:__________________ (Replace the blank with your first and last name.)

Percent Proportions & Equations. A percent is a ratio that compares a number to 100. A commission is a percent of the amount of your sales. A percent.

Chapter 7 Review Game PERCENTS. Write the percent as a fraction in simplest form. 126%

PODPOD What number is 25% of 240? 60. Sales Tax, Tips, and Markup Sales tax is an additional amount of money charged on items that people buy. The total.

Estimating With Percents Lesson 6-8. Sales Tax Round the cost of a given item to the nearest dollar. Multiply that estimate by the decimal version of.

Percent Applications Sales Tax Tips Interest. is determined by finding a certain percentage of a purchase price. It is added to your total bill when you.

Applications of Percent

February 25, 2016 February 25, 2016 Warm-Up: Is this a True statement? (Is each side equal to each other?) Yes Remember, when adding different signs, you.

Holt CA Course Percent of Change NS1.4 Calculate given percentages of quantities and solve problems involving discounts at sales, interest earned,

SOLVING PROBLEMS INVOLVING TAX, TIP, OR DISCOUNT SOLVING FOR TOTAL PRICE OR SALE PRICE Tax, Tip, and Discount.

Bell Work From 5 to = 5 40% increase

Percent Discounts.

EXAMPLE 1 Finding a Sale Price

9-2 6th grade math Estimating Percent.

Tax, Tip, Commission SB 11-2 Pages

Do Now 4/7/11 Take out HW from last night. Copy HW in your planner.

Markup and Discount Calculate given percentages of quantities and solve problems involving discounts at sales, interest earned, and tips. Objective:-Students.

7.6 Percent of Change Objective: Students will be able to find percent of change, markup/discount, percent increases/decreases. They will also be able.

Main Idea and New Vocabulary Example 1: Find the Total Cost

Main Idea and New Vocabulary Example 1: Find the Total Cost

Estimating With Percents

Sales tax and tips Sec 6.3C pg

Sales Tax And Tip.

Main Idea and New Vocabulary Example 1: Find the Total Cost

Sales Tax, Tips, Discounts

Presentation transcript:

Calculating TAX and GRATUITY By Ms. Morgan

Task Students will be able to estimate a percent of quantity given an application. Students will be able to apply percents to: – Sale prices – Percent increase – Tax – Gratuity

Standard 8.N.4 Apply percents to tax, sale price and percent decrease. 8.N.5 Estimate percent of quantity given an application.

DO NOW: Walmart is selling Nintendo Wii for $ TAX in the state of New York is 8%. How much would you be paying in total? Step 1: Convert % into decimal Step 2: Multiply the original price to the decimal to calculate the TAX Step 3: Add the TAX to the original price

New Concept: Gratuity or Tip What are some of the services we give a GRATUITY or Tip –

New Concept: Gratuity or Tip What are some of the services we give a GRATUITY or Tip: – A restaurant service – A gas station service – A delivery service –

How do we calculate a Gratuity or Tip? Some of the items we chose at Applebee’s: Southwest Jalapeno Burger $15.99 Philly Burger $15.99 Cowboy Burger $15.99 Quesadilla Burger Calculate the total price: Include 15% Gratuity

How do we calculate a Gratuity or Tip? Some of the items we chose at Applebee’s: Southwest Jalapeno Burger $15.99 Philly Burger $15.99 Cowboy Burger $15.99 Quesadilla Burger $15.49 Calculate the total price: $16 + $16 + $16 + $15.50 = $63.50 Include 15% Gratuity : 15% =.15 $63.50 x.15 = $9.52 $ $9.52 = $73.02

On your own: YOU WILL NEED A COMPUTER TO COMPLETE THIS TASK! 1.GO TO APPLEBEES.COM 2.Select three items from the menu: 1.An appetizer 2.A regular meal 3.A dessert 3.Include the price for each item 4.Calculate the Total price you will be paying for your items including 8% Tax. 5.Add 15% Gratuity or Tip for the service

6. Create a PowerPoint Presentation Slide 1: Aim, name and date Slide 2: List of 3 items you selected + price (You can include pictures of your food items if you like) Slide 3: Show all your work. (Please make sure to include how you calculated the total price for all your items and your gratuity) Slide 4: Explain your answer using both words and numbers (Please make sure to include bullets ( ) on your explanation)