Percent Applications.

Slides:



Advertisements
Similar presentations
Discount, Sales Tax , Tipping , Commission
Advertisements

HW # 70 - p. 306 & 307 # 6-18 even AND Warm up Simplify
Calculations In Everyday Contexts.
Created by E. Duffy Team 1Team 2Team 3 Team 4 Team 7 Team 6Team 5 Team 8Team 9 Question 1 Question 2 Question 3 Question 4 Question 5 Question 6.
Compounding Interest You are interested in opening a savings account that pays interest at a rate of 6% compounded annually. You deposit $523 as your starting.
Calculations In Everyday Contexts.. Wage Rises Example 1. (a) The new annual wage. (b) The new monthly wage. Solution (a)The new annual wage = old wage.
8-6 Applications of Percents Course 3 Warm Up Warm Up Problem of the Day Problem of the Day Lesson Presentation Lesson Presentation.
Teen Living Objective Identify Sources of Income and Types of Spending.
Sales Tax and Discount In a department store, a $40 dress is marked, "Save 25%." What is the discount? What is the sale price of the dress? In a bicycle.
Percent of a number Lesson 1.
Applications of Percent
Problems 1 – 5 Problems 6 – 10 Q $100 Q $200 Q $300 Q $400 Q $500 Q $100 Q $400 Q $200 Q $500 Q $300 Q $400 Website Problems 11 – 14 Problems 15 – 17.
Percentages. Finding p% of a number x More examples.
How do you compute successive percents? For example: Eli bought a computer that was on sale for 30% off its original price of $500. Eli also used a coupon.
Commission, Sales Tax, and Profit
Percents A Percent is a ratio that compares a number to 100. The symbol for percent is %. You can write percents as fractions and decimals. 36% as a decimal.
JEOPARDY TermsSalary, Overtime & Commission Take-Home Pay Benefits & Expenses RandomsDeductions $100 $200 $300 $400 $500 Let’s play! ***
Applications of Percents
Pre-Algebra 8.6 and 8.7 Applications of Percents.
Facilitated by…… Anna Deroscar Briarcliffe College.
WORD PROBLEMS - PERCENTS
Pre-Algebra HOMEWORK Page 423 #31-38 & Spiral Review (#39-45) Answers.
Learn to find commission, sales tax, and percent of earnings.
Applications of Percents 6-6 Warm Up Warm Up Lesson Presentation Lesson Presentation Problem of the Day Problem of the Day Lesson Quizzes Lesson Quizzes.
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.
HW # 69 - p. 296 & 297 # even AND p. 300 & 301 # 5-12 all, & 15 Warm up Joseph, Ana, Lena, and George chipped in money for a friend’s gift. The gift.
A bicycle is on sale for $ The sales tax rate is 5%
2 1 3 Warm-Up 21-1 NS 1.3, 1.6, Warm-Up 21-2 NS 1.3, 1.6, 1.7.
Practice Test : Percents. Learning Target I will complete a practice test to identify my strengths and weaknesses for my PERCENTS test.
Do Now 2/11/14 Take out your HW from last night. Take out your HW from last night. Text p. 245, #1-6 Text p. 245, #1-6 Copy HW in your planner. Copy HW.
Financial Algebra – Consumer Credit
5 Minute Check Find the price to the nearest cent. Complete on the back of your homework. 1. $60; with a 60% discount 2. $40; with 7% tax 3. $199; with.
Algebra 2.9 Applications of Percents. Learning Targets Language Goal  Students will be able to use common applications of percents. Math Goal  Students.
Changing forms Basic % problems % Change % Applications Interest Final Jeopardy.
Applications of Percents 6-5 Warm Up Warm Up Lesson Presentation Lesson Presentation Problem of the Day Problem of the Day Lesson Quizzes Lesson Quizzes.
Course Applications of Percents Warm Up Estimate % of out of % of out of % % Possible answers:
PRE-ALGEBRA QUIZ 7B -APPLICATIONS OF PERCENT. Write 12.5% as a decimal..125.
Annual Wage / Salary How much a person is paid in a year Wages & Salaries 12 months in a year 52 weeks in a year.
Warm Up Change to a decimal 1. 20% 2. 45% % 4. 2% Course Applications of Percents.02.
Fractions, Decimals, and Percents Parts of the whole.
6-3 COMMISSIONS, ROYALTIES, AND PIECEWORK PAY
Homework 1.Every month, Gillian makes $1600 plus an 8.9% commission on sales. If her sales last month totaled $18,400, what was her total pay? 2. The.
Applications of Percents
% ∙ $ = commission/sales tax/profit
Pre-Algebra 8-6 Applications of Percents 1. The lunch bill was $8, and you want to leave a 15% tip. How much should you tip? 2. The sales tax is 5.75%,
Review 2.8 Lesson Quiz: Part 1
NS1.7 Solve problems that involve discounts, markups, commissions, and profit and compute simple and compound interest. Also covered: NS1.3 California.
Splash Screen. Lesson Menu Five-Minute Check (over Lesson 7–7) Main Idea and Vocabulary Example 1:Find Interest Earned Example 2:Find Interest Earned.
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.
Applications of Percents
MARKUP. The difference in the amount that a store charges compared to what the store paid How much a store raises the price to make a profit. Markup =
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.
Getting Paid For Your Work
Markup, Discount, Taxes, and Interest
Percent.
Commissions & Taxes 8 th Grade Math. Vocabulary Percent Applications Hangman.
7 th Grade Review Percents. Find the percent of change. 20 is increased to %
MEANING OF PERCENT A ratio of a number to 100 is called a percent. Percent means per hundred, and is represented by the symbol %. Any ratio with 100 as.
 Real estate agents often work for commission. A commission is a fee paid to a person who makes a sale. It is usually a percent of the selling price.
PAYROLL ACCOUNTING Chapter 12. Using a Payroll System  Payroll – list of the employees and the payments due to each for a pay period  Pay Period – the.
MATHO!!! (Math Bingo) Real World Applications of Percents (Percent of Change, Sales Tax, Tips, Markup, Discount, Simple Interest)
Find the percent of increase or decrease to the nearest percent. 1.) From 1 to ) From 162 to ) From 16 to 22 1 – = 38% D 177 – 162.
Aim: Commission, Royalties, Piecework Course: Math Literacy Do Now: Jessica wrote a book for junior high school students. She receives 10% of total sales.
Warm Up 1. Write 0.03 as a percent. 2. Write as a decimal.
Review Game Show Fraction and %’s Finding Percents.
Applications of Percents
7.1.2 Discounts, Markup, Commission Cronnelly.
Do Now If the sales tax rate is 6.75%, how much tax would Adrian pay if he bought two CDs at $16.99 each and one DVD for $36.29? CD: 2 at $ $33.98.
Presentation transcript:

Percent Applications

# 1 The money in Laura’s savings account is earning interest at the rate of 0.5% per month. If she has $1,450 in the account, how much interest is she earning each month?

# 2 Carlene paid $129 plus 6% sales tax for a guitar. What was the total cost?

# 3 Ms. Jenkins bought a new car for $9,360. She agreed to pay 10% of the cost as a down payment and finance the rest. How much was the down payment?

# 4 All the clothes at Unique Boutique are on sale. The discount is 33% of the regular price. How much would you save on a jacket with a regular price of $59.50?

# 5 A writer earns 8% of total sales dollars as a royalty. If 2,000 copies of his book are sold at $14.95 each, how much money does he make?

# 6 A salesman keeps 20% of his sales as a commission. How much does he have to sell to earn $1,000?

# 7 The regular price of an FX-1 electronic keyboard at Circuit Circus is $200. It is on sale at a 25% discount. What is the sale price?

# 8 Jennifer’s new bike cost $180. Her parents paid 40% of the cost and Jennifer paid the rest. How much did Jennifer pay?

# 9 Tapes-R-Us is having a sale on HQ tape players. The regular price is $60. The discount is $18. What percent discount is this?

# 10 Mr. John Q. Adams was figuring out his federal income tax. His income was $26,800, but he was able to subtract $5,500 in deductions. He paid 15% of the remaining income in tax. How much did he pay?

# 11 Mr. Spoke is a salesman at Pop’s Cycle Shop. Each month he earns $800 plus 7% of his total monthly sales. How much did he earn last month if his sales totaled $9,200?

# 12 Students at Lincoln Middle School sell gift wrap to raise money for student activities. The school keeps 40% of sales. How many dollars worth of gift wrap must be sold to make $1,000?

# 13 Safe Side Bank pays an interest rate of 8% per year on certificate accounts. How much money must be put into an account to earn $60 in one year?

# 14 A financial investment broker earns 4% on each customer dollar invested. If the broker invests $50,000, what is the commission on the investment?

# 15 Charlene bought 4 CDs at the music store. Each cost $14.95. She was charged 5% sales tax on her purchase. What was the total cost of her purchase?

# 16 Annie works for a company that pays a 15% commission on her total sales. If she wants to earn $450 in commissions, how much do her total sales have to be?

# 17 A model car has a list price of $46.20. The model is on sale at 15% off. What is the total cost to the nearest cent after a 4.5% sales tax is added to the sale price?

# 18 An item priced at $776 has a sales tax of $48.50. What is the sales tax rate expressed as a percent?

# 19 Mr. James paid $2552.55 in state income taxes last year. The state income tax rate is 5.95%. What was his income?

#20 What is the total monthly pay if total sales for a month were $34,450, the commission rate is 4.5%, and the weekly base salary is $175?

# 21 Mr. Simms is paid an 8% commission on all sales. She had sales of $89,400 for the month. Ms. Harris works for a different company, and also sold $89,400 for the month but made $447 more than Ms. Simms. What is Ms. Harris’ commission rate?

# 22 Vivian has total monthly sales of $170,000. She earns a commission of 3% and her monthly salary is $1500. What amount does she earn as her commission? What is her pay including commission?

# 23 If the price of a pair of socks is $5.19, and the sales tax is 6%, what is the amount of tax paid?

# 24 A recliner at Big Lots costs $250. The sales tax rate is 6.75%. What is the total cost of the recliner?

# 25 Ken has a monthly sales of $16,000. If he earns a commission of 10%, and has a salary of $1,750 a month, what is his total pay?

# 26 What is the commission on a real-estate sale of $125,000 if the commission rate is 4%?

# 27 If the withholding-tax is 15%, what is the amount withheld on earnings of $1,275?

# 28 Timothy earns $875 each week. What is the amount withheld at a rate of 14%? How much is withheld each year? What is his yearly salary after withholding tax is taken out of his pay?

# 29 Judith earns $860 per week. If $129 is withheld each week, what is the withholding tax rate (%)?

# 30 Connie earns $3,050 each month. If $381.25 is withheld, what is the rate of withholding tax (%)? What is her pay each month after withholding tax? What is her annual pay after withholding tax?