1. Lesson 7.6 Percent Applications Essential Question: How do you solve percent application problems?

2. Before we start… You go out to eat. Your bill came to $14.75. What amount would you leave for a 20% tip?

3. Retail Stores and Prices What is markup? The increase in the wholesale price of an item What is discount? A decrease in the retail price of an item

4. How do you find… Markup? Discount?

5. How do you find… Retail price? Sale price?

6. Guitars You are shopping for a guitar and find one with an original price of $160. The store is offering a 30% discount on all guitars. What is the sale price of the guitar?

7. CDs A boxed set of 5 CDs has an original price of $60. The music store is offering a 15% discount on all CDs. What is the sale price of the CDs?

8. Clothing A shirt has a wholesale price of $16. The percent markup is 120%. What is the retail price?

9. Decorations A holiday decoration has a wholesale price of $3. The percent markup is 150%. What is the retail price?

10. Sale A department store is having a 25% off clearance sale. You find a pair of sneakers originally priced at $140. What is the sale price of the sneakers?

11. Hat A baseball cap has a wholesale price of $5. The percent markup is 75%. What is the retail price of the cap?

12. What about sales tax and tips? Amounts added to the purchase. A percentage of the purchase price

13. How do you find sales tax and tips?

14. iPod An iPod costs $139.99 before tax. The sales tax is 8.25%. What is the total cost?

15. Printer A printer costs $115 before tax. The sales tax is 5.4%. What is the total cost?

16. Television An LED television costs $799 before tax. The sales tax is 6%. What is the total cost?

17. Restaurants Your food bill at a restaurant is $24. You leave a 20% tip. The sales tax is 6%. What is the total cost of the meal?

18. Restaurants Your food bill at a restaurant is $34.40. You leave a 15% tip. The sales tax is 6.5%. What is the total cost of the meal?

19. How do you solve percent application problems?

20. Ticket Out the Door What is the price of a $16.49 item marked up by 130%?