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POD 5 $120 G-shock, 6% sales tax Basic Advanced Find the total cost. Find the percent markup. Foot Locker buys a pair of KD VII’s for $85. They sell them.

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Presentation on theme: "POD 5 $120 G-shock, 6% sales tax Basic Advanced Find the total cost. Find the percent markup. Foot Locker buys a pair of KD VII’s for $85. They sell them."— Presentation transcript:

1 POD 5 $120 G-shock, 6% sales tax Basic Advanced Find the total cost. Find the percent markup. Foot Locker buys a pair of KD VII’s for $85. They sell them for $114.75. What is the percent markup? t = percent × whole t =.06 × 120 t = $7.20 $120 + $7.20 = $127.20 m = percent × whole $29.75 = p × 85 p =.35 The markup is 35%

2 POD 6 $164.95 Uggs, 5.75% sales tax Basic Advanced Find the total cost. Find the sales tax. Gracie paid $55.75 for a manicure and pedicure. The cost before taxes was $52.50. What is the percent of sales tax? t = percent × whole t =.0575 × 164.95 t = $9.48 $164.95 + $9.48 = $174.43 t = percent × whole $3.25 = p × $52.50 p =.0619 The sales tax is 6.2%

3 Discount Discount or markdown is the amount by which the regular price of an item is reduced. The sale price is the regular price minus the discount.

4 Example 1 A DVD normally costs $22. This week it is on sale for 25% off the original price. What is the sale price of the DVD? Method 1: Subtract the discount from the regular price Let d = discount d = percent × whole Turn 25% into a decimal d = 0.25 × 22 d = 5.50 Subtract discount from cost. $22-$5.50 = $16.50

5 Example 1 A DVD normally costs $22. This week it is on sale for 25% off the original price. What is the sale price of the DVD? Method 2: Subtract the percent from 100% 100% − 25% = 75% S = 0.75 × 22 S = $16.50 Let s = sale price

6 Whiteboard time A shirt is regularly priced at $42. It is on sale for 15% off of the regular price. What is the sale price of the shirt? 100% − 15% = 85% S = 0.85 × 42 S = $35.70

7 A boogie board that has a regular price of $69 is on sale at a 35% discount. What is the sale price with 7% tax? d =.35 × 69 69 − 24.15 = 44.85 1.07 × 44.85 = $47.99 d = 24.15

8 A CD that has a regular price of $15.50 is on sale at a 25% discount. What is the sale price with 6.5% sales tax. d =.25 × 15.50 15.50 − 3.88 = 11.62 1.065 × 11.62 = $12.38 d = 3.88

9 A cell phone is on sale for 30% off. If the sale price is $239.89, what is the original price. Remember part = percent × whole $342.70 = w 239.89 = 0.7 × w ÷0.7

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