1. 7.1.2 Sales Tax, Tips, and Markups

2. Bellwork
Layla made a 76% on her last exam. If the exam had 45 questions, how many did she get correct?
Solve: (2.44)
What is 35% of 123?

3. Glossary Rate: is talking about a percent/percentage of something
Sales Tax: it is the amount our government charges us to buy an item
Total cost: is the cost of an item at its regular price PLUS the sales tax
Tip or Gratuity: a small amount of money given in return for a service (most popularly in the food service industry)
Total Price: is the regular price PLUS the tip/gratuity
Markup: a store sells items for more than it pays for those items. Amount INCREASE
Selling Price: is the amount the customer pays for an item

4. Section 1: sales tax and total cost
Ben is buying a keyboard that sells for $ Sales tax on the keyboard is 7%. Find the total cost of the keyboard.
Step one: Write down ALL the information you are given
Step two: Decide if you are going to add or subtract from your whole
Step three: Set up your proportion

5. Ben is buying a keyboard that sells for $59. 99
Ben is buying a keyboard that sells for $ Sales tax on the keyboard is 7%. Find the total cost of the keyboard.

6. Practice:
Find the total cost of an item that sells for $138. The sales tax rate is 7.5%.
Find the total cost of an item that sells for $4,200. The sales tax rate is 9.3%.
Jane paid $ at Best Buy. If the price before taxes was $230, what percentage of sales tax did she pay?

7. Section 2: Tips and Markups
A customer wants to tip 15% on a restaurant bill that is $35. What will the total bill be with the tip?
A store pays $56 for a GPS navigation system. The markup is 25%. Find the selling price.
Find the selling price of a $62.25 karaoke machine with a 60.5% markup.

8. Find the total cost of the following:
$2.95 notebook; 5% tax
$58 bill; 20% tip
$28 lunch; 15% gratuity
$46 shoes; 2.9% tax

9. Practice continued…
Find the selling price of a $270 bicycle with a 24% markup.
What is the sales tax on a chair selling for $ if the tax rate is 5.75%?
Heather bought a top for $26 and a matching pair of shoes for $38. If the sales tax rate is 6%, what is the total cost for both items?

10. Try this one out:
Jamie went to have a manicure that costs $30. He wanted to tip the technician 20% and tax is 5.75%. How much did he spend in total on the manicure?

11. Practice continued: $99 CD player; 5% tax $8.50 yoga mat; 75% markup
$13 haircut; 15% tip
Diana cleans a home for a summer job. She chargers $70 for the job plus 5% for supplies. The homeowner gave her a 15% tip. How much did Diana receive?