Download presentation

Presentation is loading. Please wait.

1
**Shopping & Dining with Proportions**

Cornell Notes with Summary Essential Question: How are percents used practically when solving problems dealing with discounts, sales tax, and tips? NOTE TO TEACHERS: This slide includes the title for the notes, and the instructions regarding note-taking style. On subsequent pages, the slide title indicates the topic for the left-hand side of their Cornell Notes.

2
Discount An amount by which the cost of an item is reduced. The total price of an item is the cost minus discount. At a local retail store, you find a pair of jeans that are 30% off. Originally, they cost $ How much money is the sale price of the jeans? Set up a percent proportion. % = is = x Of $59.99 Use CMAD to find the discount amount (cross multiply and divide) . 30/100 = x/$ cross multiply $59.99 by 30, then divide the product by 100. Your quotient is $18.00 after you round to the nearest cent. Subtract the discount from the jeans’ original price. $ $18.00 Find the final cost of the jeans: $41.99

3
You try it! Find the total cost of a dinning room set that is $1,200 when it is discounted 25%. Set up a percent proportion. % = is = x Of $1,200 Use CMAD to find the discount amount (cross multiply and divide) . 25/100 = x/$1,200 cross multiply $1,200 by 25, then divide the product by 100. Your quotient is $ Subtract the discount from the dining room set’s original price. $1,200 - $300 Find the final cost of the jeans: $900

4
Sales Tax An additional charge added to the cost of an item. The total price of an item is the cost plus tax. At a local retail store, you purchase a t-shirt for $ How much money will you need to purchase the shirt if sales tax is 7.5%? Set up a percent proportion. % = is = x Of $14.99 Use CMAD to find the sales tax (cross multiply and divide). 7.5/100 = x/$ cross multiply $14.99 by 7.5, then divide the product by 100. Your quotient is $1.12 after you round to the nearest cent. Add the tax to the t-shirt’s original price. $ $1.12 Final cost of the t-shirt: $16.11

5
You try it! Find the total cost of a TV that is $298 when sales tax is 6.5%. Set up a percent proportion. % = is = x Of $298 Use CMAD to find the sales tax (cross multiply and divide) . 6.5/100 = x/$298 cross multiply $298 by 6.5, then divide the product by 100. Your quotient is $19.37. Add sales tax to the TV’s original price. $298 + $19.37 Find the final cost of the TV: $317.37

6
Tip or Gratuity An additional charge added to the cost of a service. The total price is the cost of the service plus tip. At a local restaurant, you purchase a drink and some dinner. The restaurant bill comes to $17.45 including tax. The waitress did her job well, so you decide to leave a 17% tip. How much money will you spend on dinner? Set up a percent proportion. % = is = x Of $17.45 Use CMAD to find the tip amount (cross multiply and divide) 17/100 = x/$ cross multiply $17.45 by 17, then divide the product by Your quotient is $2.97 after you round to the nearest cent. Add the tip to the restaurant bill. $ $2.97 Final cost of dinner: $20.42 *Would you leave a $2.97 tip, or would you round it up to $3.00?

7
You try it! Find the cost lunch after leaving a 16% tip if the bill comes to $12.57. Set up a percent proportion. % = is = x Of $12.57 Use CMAD to find the tip amount (cross multiply and divide) 16/100 = x/$ cross multiply $12.57 by 16, then divide the product by 100. Your quotient is $2.01 after you round to the nearest cent. Add the tip to the restaurant bill. $ $2.01 Final cost of dinner: $14.58 *Would you leave a $2.01 tip, or would you round it to $2.00?

8
**Putting it all together**

You have $150 to spend shopping at your favorite retail store. They’re having a sale on a huge selection of clothing, and you’re excited to shop. Most items are 30-50% off and you hope you can buy all the items on your list. However, you’re having dinner with your friends afterwards at your favorite restaurant, so you know you’ll spend at least $10.98 before tax and tip on dinner. You must tip the waitress 15-20%, and tax in your area is 6.5%. NOTE: for this activity, adjust the TAX PERCENT to match your local sales tax

9
**Putting it all together**

Shop wisely, you only have $150, and you must buy dinner. Using the original prices listed below, pick at least 2 shirts, one pair of pants, and a pair of shoes you can afford – their discounts are also listed. Remember, tax is 6.5% at both the retail store and the restaurant. Dinner will cost $10.98 before tax & a 15-20% tip. NOTE: for this activity, adjust the TAX PERCENT to match your local sales tax Sale prices (before tax): khakis $32.50; t-shirt $13.65; dress shirt - $19.25; dress shoes - $34.30; jeans - $34.80; graphic t-shirt - $17.49; Hawaiian print shirt - $11.50; tennis shoes - $40.30 $65.00 – Khakis – 50% off $58.00 – Jeans – 40% off $21.00 – T-Shirt – 35% off $24.99 – Graphic T-Shirt – 30% off $35.00 – Dress Shirt – 45% off $23.00 – Hawaiian Print Shirt – 50% off $49.00 – Dress Shoes – 30% off $62.00 – Tennis Shoes – 35% off

10
Summary Answer the Essential Question in two or more complete sentences. EQ: How are percents used practically when solving problems dealing with discounts, sales tax, and tips?

11
Homework Using the order calculated during class today, describe in at least one paragraph the decisions that were made in selecting menu items, as well as tip percentage. Include an explanation of how the totals were calculated.

Similar presentations

OK

Lesson 7.6 OBJ: To find markups, discounts, sales tax, and tips

Lesson 7.6 OBJ: To find markups, discounts, sales tax, and tips

© 2017 SlidePlayer.com Inc.

All rights reserved.

Ads by Google

Ppt on aerodynamics of planes Ppt on credit policy of a bank Ppt on climate change in india Ppt on class b power amplifier Ppt on obesity management protocols Ppt on point contact diode Ppt on touch screen controlled robot Ppt on crafts and industries Download ppt on oxidation and reduction for dummies A ppt on albert einstein