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DISCOUNTS, SALES TAX, TIPS DISCOUNTS Example: Regular Price = $10 Discount = 20% Step 1 Change the percentage to a decimal Step 2 Multiply the Regular.

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Presentation on theme: "DISCOUNTS, SALES TAX, TIPS DISCOUNTS Example: Regular Price = $10 Discount = 20% Step 1 Change the percentage to a decimal Step 2 Multiply the Regular."— Presentation transcript:

1 DISCOUNTS, SALES TAX, TIPS DISCOUNTS Example: Regular Price = $10 Discount = 20% Step 1 Change the percentage to a decimal Step 2 Multiply the Regular Price by the discount that is now a decimal: Discount: Step 3 Subtract the discount from the regular price:

2 SALES TAX Example: Regular Price $349 Sales Tax: 5% STEP 1 Find the sales tax by using the same methods as finding a discount. Change percent to Decimal: Multiply regular price by the sales tax as a decimal: SALES TAX: STEP 2: Add the Sales tax to the Regular Price. *If the item is a NECESSITY (Food and Clothes) then there is no Sales Tax*

3 TIPPING Example: Price of the Bill: $42.00 Tip Percentage: 18% Step 1 Find the TIP first using the same methods as finding a discount and sales tax. Change percent to decimal: Multiply decimal by the Price of the Bill: TIP: STEP 2: Add the tip to the Price of the Bill. * The tip is normally a percentage of the pre-tax amount of the bill*

4 PurchasePrice %Discount DiscountSale Price $29%$$ $1230%$$ $455%$$ $5059%$$ $3653%$$

5 PurchasePrice% Sales TaxSales taxPrice with sales Tax $595%$$ $796%$$ $657.5%$$


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