Discount and Mark up.

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Presentation transcript:

Discount and Mark up

I can calculate the total cost of an item after discount or markup. Learning Target: I can calculate the total cost of an item after discount or markup.

I Do: A video game costs a retailer $36. Find the selling price when the markup rate is 35%.

We Do: The manager of a furniture store uses a markup rate of 45% on all items. He buys the chair for $232. Find selling cost of the chair.

You Do: The hardware store employee uses a markup rate of 40% on all items. The store pays $266 for the lawnmower. Find the final cost.

I Do: A gold necklace that regularly sells for $320 is on sale for 25% off the regular price. Find the sale price.

We Do: A microwave that regularly sells for $400 is on sale for 20% off the regular price. Find the sale price.

You buy a pair of jeans is 33% off You Do: You buy a pair of jeans is 33% off the original price of $29. What is the sale price?

Lesson Gage A television sells for $320. The markup is 60% of the cost. Find the cost of the television. American eagle buys a shirt from the manufacture for $5.50. Their mark up rate is 50%. They are running a sale on it for 30% off. How much is it? A bakery sells a cake for $23.25. The bakery’s cost to make the cake is $16.50. What is the markup rate?