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Percent Increase Mrs. Kuznia Math 8 Day 13
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Percent Increase Examples of Percent Increase: Sales Tax Mark up Tips (gratuity)
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Procedure 1. Find the percent 2. Change it to a decimal 3. Multiply it by the price This is the amount of increase 4. Add the increase to the original amount
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Example A $2500 TV with an 8% sales tax… How much is the tax? What is the ending price?
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More Examples A $29 CD with a 7% sales tax…. How much tax did you pay? What was the ending price? A $179.99 Camera with an 6% Tax
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Gratuity A $32.50 bill from Applebee’s and you want to leave a 5% tip How much of a tip did you leave? What is the total price you must pay?
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Example You go to Red Lobster and spend $59.60. You want to leave a 15 % tip. How much tip did you leave? What is the total price you paid?
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