1. Percent Discount and Markup
Essential Skill: Demonstrate Understanding of Concept
Markup and discount is an application of percent change
discount- the amount of decrease from the original price to the sale price
sale price - the original price minus the discount
markup- the amount of increase from the original price to the retail price
retail price - the price sold to the customer in the stores (price after the markup)
whole sale price - the price the stores purchase the items from the manufacturers (price before the mark up)

2. 1. ) The regular price of an iPhone is $220. 00
1.) The regular price of an iPhone is $ This 
week it is on sale for 10% off. What is the 
discount? What is the sale price?
2.) Eric's Winter Wonder Store buys snow globes 
from the manufacturer for $9.20 each and sells them 
at a 90% increase in price. What is the markup? 
What is the retail price of the snow globes?

3. 3. ) The regular price of a pair of sneakers was $80. 00
3.) The regular price of a pair of sneakers was 
$ They were on sale for 20% off the original 
price and then an additional 25% off. How much is 
the sale price?
Extra challenge
4.) A furniture store marks up the wholesale price of a lamp by 
80%. The retail price is $36. What is the whole sale price?

4. Tax and Tip
Sales tax - in many states you are charged tax on items you purchase, in Pennsylvania we are charged 6% sales tax
To calculate tax convert the percent to a 
decimal and multiply
5.)  Sienna purchased a new lamp for $72. If 6% sales 
tax is added , how much will she pay for the lamp and 
sales tax in total?

5. Tip: When a server waits on you at a restaurant, 
you leave money as a tip for the server.
6.) Brian and Joey ate dinner at Bahamas Breeze. The 
bill came to $ They leave 20% for the tip. Round the tip to the nearest dollar. How much money did they spend on dinner and tip?

6. Demonstrate Understanding:
1.) Tyler and Casey had dinner at Christopher’s and the bill came to 
$56. How much will the total bill cost with tax included, if 6% sales 
tax is added?
2.)
The DQ-Mart buys sweatshirts for $38 each and 
sells them at a 60% increase in price. What is the 
amount of increase? What is the retail price?
3.) A sweater is on sale for $42. What was the original price 
if the sweater was 30% off?