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SOLVING PROBLEMS INVOLVING DISCOUNTS AT SALES AND SALES TAX.

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First find out what tax rate you will be paying. In Peoria the tax rate is 8.25%! Convert your percentage to a decimal by moving your decimal two spaces to the left. Ex. 8.25% =. 0825 (Don’t forget to add a zero) Multiply the decimal form of the tax rate by the price of the item you are purchasing. Ex..0825 x $ cost of the item

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So if an item costs $5.00 Sales tax is 8.25% Convert 8.25% to.0825 So.0825 x $5 = $.41 The sales tax is $.41 But the total price of the item is $5.00 + $.41 = $5.41

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1. Find out the % of the discount. Convert the % to a decimal. 2. Multiply the decimal by the original price. 3. Take the answer in step 2 and subtract it from the original price. Example 1) Discount 20% =.20, 2) $10 x.20 = $2.00 3) $10.00 - $2.00 = $8.00

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Which is the better deal? When shopping, you have to learn how to compare prices, which are often advertised with percentages. Can you figure out which store is offering the better sale?

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Find the discount and sales price. Round to the nearest cent. Regular Price: $415.38 % of Discount: 15% Regular Price: $3880.00 % of Discount: 12.5% Regular Price: $65.40 % of Discount: 6% Regular Price: $36.37 % of Discount: 1%

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To find the percent that a discount is work backwards. Divide the discount by the regular price. Convert the decimal into a percent. A computer is discounted $980 off of the purchase price of $2450. What percent discount is it? Jenny has a $49.08 off coupon on a purchase of $75.50. What percent off does she get on her purchase?

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a. $71.20 b. $17.80 c. $53.04 d. $4.04 e. $48.71 f. $3.71 g. $10.83 h. $.83 i.$50.00 j.149.99 k.$162.36 l.$9.20 m.$239.19 n.$.74 o.$165.35 p.$189.99

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Solve the math problem. Cross out the answer on the bingo card. The first three students with four in a row win!

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1. How much would you spend on taxes for this shirt? 2. What would be the total cost of this shirt?

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3. What will the sales tax be if you purchase this item? 4. What will the total price be if you purchase this item?

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5. What will be the total of the state sales tax? 6. What will be the total price of the MP3 Player after the state tax of 8.25% is applied? Tax rate 8.25%

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Tony Romo Jersey $89

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The Discount is 25% 9. What is the discount? 10. What is the price after the discount? 11. What is the price after the discount and after taxes? The tax rate is 8.25%.

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The tax rate is 4% 12. What is the tax? 13. What is the total price after taxes?

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10/24/11 Get out your homework (odds on proportions worksheet) Bellringer: –Write down in 5 sentences or less, what do you know about discounts?

10/24/11 Get out your homework (odds on proportions worksheet) Bellringer: –Write down in 5 sentences or less, what do you know about discounts?

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