Math-7 NOTES DATE: ______/_______/_______ What: Consumer Applications Why: To solve problems involving tax, tips, discounts, etc. What: Consumer Applications Why: To solve problems involving tax, tips, discounts, etc. NAME: A consumer is someone who ___________________________ goods / services at a variety of stores/ businesses. Things for a consumer to consider are: Taxes (_____________ to the purchase) Discounts (_______________ from the purchase) Tips (________________ to the purchase) What’s a consumer? Multiplication Method: 1)Change % to a decimal, & 2)Multiply original price by the decimal. 6% = 0.06 as a decimal 28.5 x.06

Store Scenarios: 1) The sub-total (original price) of your purchase is $ There is a 30% discount. What is the sale price? 2) The sub-total (original price) of your purchase is $ There is a 45% discount. What s the discount only? 3) The sub-total (original price) of your purchase is $ The sales tax is 5%. What is your total? 4) The sub-total (original price) of your purchase is $ The sales tax is 6%. What is the tax only? Tip: Add Discount: Subtract Tax: Add Restaurant scenarios: 1) Your bill at a restaurant is $ You want to leave a 15% tip. How much is the tip? 2) Your bill at a restaurant is $ You want to leave an 18% tip. How much is the total bill? 3) Your bill at a restaurant is $ You want to leave a 20% tip. How much is the total bill? 4) Your bill at a restaurant is $ You want to leave an 18% tip. How much is the tip only?

DATE: ______/_______/_______NAME:_____________________________________________________________________________ Read the situations below, identify what type of consumer math (tax, tip, discount) and tell whether the final price would increase (you would add) or the price would decrease (you would subtract): SituationType of problemIncrease or Decrease? Leigh just got her haircut and styled. She paid the price, and then paid her stylist an additional 20%. Hector purchased a new video game at Target for 15% off the original price. Marcus surprised his mom on her birthday with a special dinner. When he looked at the bill, there was an additional 5% charge listed after the price. Ms. Yorty purchased new pencils for all her students. She paid an additional $2.05 on top of the price of the pencils. Tariq paid the bill for his dinner at the Buffalo Wing Factory. Before he left, he placed $4.50 on the table for his server. On Black Friday, Best Buy offered a brand-new laptop computer for $350. This is $200 off the original price.

DATE: ______/_______/_______NAME:_____________________________________________________________________________

PricePercentAmount of Tax/Tip/DiscountTotal Cost or Sale Price $29.95 jeans 7% tax $39.00 sweater 25% off $35.00 necklace 5% discount $25.00 dinner 15% Tip The original price of a jacket is $ What is the total cost of the jacket if the sales tax is 6%? James and his family went out to dinner. Their bill was $48.50 and there was 5% sales tax. After the tax they paid a 20% tip. How much did they pay in all?