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6 Chapter Chapter 2 Percent
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Percent Problem Solving: Sales Tax, Commission, and Discount
Section 6.5 Percent Problem Solving: Sales Tax, Commission, and Discount
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Calculate Sales Tax and Total Price.
Objective A Calculate Sales Tax and Total Price.
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Calculating Sales Tax and Total Price
sales tax = tax rate · purchase price total price = purchase price + sales tax Objective A
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Example A gold and diamond bracelet sells for $ Find the total price if the sales tax rate is 6.5%. sales tax tax rate purchase price sales tax = 6.5% · $1800 = · $1800 Objective A = $117 Sales Tax $ $117 = $1917 Total Price The total price for the bracelet was $ 5
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Example The sales tax rate is 9%.
The sales tax on an $18,500 automobile is $1665. Find the sales tax rate. Let r represent the unknown sales tax rate. Then sales tax = tax rate purchase price 1665 = r 18,500 The sales tax rate is 9%.
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Objective B Calculate Commission.
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Calculating Commission
commission = commission rate · sales Objective A 8
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Example A sales representative for Office Product Copier sold $47,632 worth of copy equipment last month. What is his commission for the month if he is paid a commission of 6.6% of his total sales for the month? Commission rate commission sales c = · $47,632 Objective A His commission was $ 9
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Example A salesperson earned a commission of $3575 for selling $32,500 worth of books to various bookstores. Find the commission rate. Commission rate commission sales $3575 = r · $32,500 Objective A The commission rate is 11%. 10
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Example The commission rate is 15%.
A salesperson earns $645 for selling $4300 worth of appliances. Find the commission rate. Let r represent the unknown commission rate. commission = commission rate sales 645 = r 4300 The commission rate is 15%.
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Calculate Discount and Sales Price.
Objective C Calculate Discount and Sales Price.
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Calculating Discount and Sale Price
amount of discount = discount rate · original price sale price = original price · amount of discount Objective A 13
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Example A $2000 designer dress is on sale for 30% off. Find the discount and the sale price. original price amount of discount discount rate amount of discount = 30% · $2000 Objective A The discount is $600. Continued 14
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Example (cont) A $2000 designer dress is on sale for 30% off. Find the discount and the sale price. sale price Original price discount sale price = $2000 − $600 Objective A The sale price is $1400. 15
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