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Economic Jeopardy Discounts & Markups Sales Tax & Tips Simple Interest Percent of Increase & Decrease The Percent Equation 100 200 300 400.

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Presentation on theme: "Economic Jeopardy Discounts & Markups Sales Tax & Tips Simple Interest Percent of Increase & Decrease The Percent Equation 100 200 300 400."— Presentation transcript:

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2 Economic Jeopardy Discounts & Markups Sales Tax & Tips Simple Interest Percent of Increase & Decrease The Percent Equation 100 200 300 400

3 Discounts & Markups 100 You buy a pair of jeans that is 30% off the original price of $29. What is the sale price? $20.30

4 Discounts & Markups 200 The wholesale price of the skateboard was $70. The markup of the skateboard is 125%. What is the new price? $157.50

5 Discounts & Markups 300 Jimmy’s bicycle helmet cost $48. What is 25% of Jimmy’s helmet? $12

6 Discounts & Markups 400 A store buys guitars from a manufacturer at a wholesale price of $38. The stores markup is 85%. What is the retail price? $70.30

7 Sales Tax & Tips 100 Your meal costs $12. You leave a 20% tip. The sales tax is 5%. What is the total cost of the meal? $15.00

8 Sales Tax & Tips 200 If my Snow Crab Dinner cost $25, and I gave the waitress a 15% tip. How much did I give the waitress? $3.75

9 Sales Tax & Tips 300 State tax is 7%. At Wal-Mart, Bob’s total was $250 before tax. What was Bob’s total after tax? $267.50

10 Sales Tax & Tips 400 You have a $20 gift card from a bookstore. You use it to buy two books for a total of $18.49. The sales tax is 5.75%. How much is left on the gift card after the purchase? $0.45

11 Simple Interest 100 You deposit $500 into an account that earns 6% simple annual interest. What will the account’s balance be after 2 years? $560

12 Simple Interest 200 You deposit $1000 into a 3-month certificate of deposit. After 3 months the balance is $1005. Find the simple annual interest rate. 2%

13 Simple Interest 300 You put $750 into a certificate of deposit. Your simple annual interest rate is 4%. You receive a check for the interest at the end of each year. How long will it take to earn $150 in interest? 5 years

14 Simple Interest 400 What is the amount of money deposited or borrowed called? Principal

15 Percent of Increase & Decrease 100 What is the percent of increase from 8 to 13? 62.5%

16 Percent of Increase & Decrease 200 What is the percent of decrease from 49 to 35? 28.6%

17 Percent of Increase & Decrease 300 A taco company puts 24 taco shells in every box. Recently the company expanded the box and put 25% more shells in each box. How many shells are in every box now? 30 shells

18 Percent of Increase & Decrease 400 Amount of increase is $25 Percent of increase is 20% What is the original amount? $125

19 The Percent Equation 100 What number is 20% of 110? 22

20 The Percent Equation 200 The number 117 is 45% of what number? 260

21 The Percent Equation 300 What percent of 150 is 90? 60%

22 The Percent Equation 400 A clothing salesperson sells a suit for $350. The salesperson receives an 8% commission on the sale. How much is the commission? $28


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