1. A store sells a skirt that costs the store $40 and marks up the price 25%. What is the selling price for this skirt? Markup and Discount COURSE 3 LESSON 6-6 Method 1 Find the markup first. Then find the selling price. 25% of $40 equals the markup. = $10 $40 + 10 = $50 The store sells the skirt for $50. 0.25 40 = 10Multiply to find the markup. stores cost + markup = selling price 6-6

2. (continued) Markup and Discount COURSE 3 LESSON 6-6 Method 2 Find the selling price directly. The selling price equals 100% of the stores cost plus a markup of 25% of the stores cost. The store sells the skirt for $50. So, the selling price of the skirt is 100% + 25%, or 125%, of $40. = $50 Multiply to find the selling price. 125% of $40 equals the selling price. 1.25 40 = 50 6-6

3. A pair of skis regularly costs $180. The sale price is $108. Find the percent of discount. Markup and Discount COURSE 3 LESSON 6-6 discount = regular price – sale price = $180 – $108Substitute. = $72Subtract. percent of discount = 72 180 discount regular price = 0.4 Write the fraction as a decimal. = 40% Write the decimal as a percent. 6-6

4. A shoe store advertises a 35%-off sale. What is the sale price of shoes that regularly cost $94.99? Markup and Discount COURSE 3 LESSON 6-6 Method 1 Find the discount first. Then find the sale price. 35% of $94.99 equals the discount. The sale price is $61.74. = $33.25 94.99 – 33.25 = 61.74 0.35 94.99 = 33.2465Multiply to find the discount. regular price – discount = sale price Round to the nearest cent. 6-6

5. (continued) Markup and Discount COURSE 3 LESSON 6-6 Method 2 Find the sale price directly. The sale price equals 100% of the regular price minus a discount of 35% of the regular price. The sale price is $61.74. The sale price is 100% – 35%, or 65%, of $94.99. = $61.74 Multiply to find the sale price. 65% of $94.99 equals the sale price. 0.65 94.99 = 61.744 Round to the nearest cent. 6-6

6. You buy a CD at the sale price of $6. This is 25% off the regular price. Find the regular price of the CD. Markup and Discount COURSE 3 LESSON 6-6 regular price – 25% of regular price = sale price The regular price of the CD is $8. r – (0.25 r ) = 6Substitute. Write the percent as a decimal. Let r = the regular price. 0.75r = 6Combine like terms: r – 0.25r = 0.75r. = Divide each side by 0.75. 0.75r 0.75 6 0.75 r = 8Simplify. 6-6

7. Markup and Discount 1.A pair of shoes costs the store $40. The store sells them for $65. What is the percent markup? 2.A sweater regularly sells for $49. It is on sale for 20% off. What is the sale price? 62.5% COURSE 3 LESSON 6-6 $39.20 6-6