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Find the discount/markup first then find the & new price. 1)$6 shirt 20% off _______ _______ 2)$65 shoes 15% off _______ _______ 3)$80 tickets 40% markup.

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Presentation on theme: "Find the discount/markup first then find the & new price. 1)$6 shirt 20% off _______ _______ 2)$65 shoes 15% off _______ _______ 3)$80 tickets 40% markup."— Presentation transcript:

1 Find the discount/markup first then find the & new price. 1)$6 shirt 20% off _______ _______ 2)$65 shoes 15% off _______ _______ 3)$80 tickets 40% markup _______ _______ 4)$25 passes 130% markup _______ _______ 5)$4 earrings 5.5% tax _______ _______ 6)$1,250 car 8.75% tax _______ _______ Discount/Markup New Price $1.20 $4.80 $9.75$55.25 $32$112 $32.50 $57.50 $.22$4.22 $109.38$1,359.38

2 Percent of Mark-Up Percent Mark-up Percent Change From $10 to $25 15 10 = 1.5 0 Markup 150% Find the percent of markup for the $10 wholesale shirt the store sells for $25. Change decimal to a percent

3 Percent of Discount A $28 book is on sale for $21. Find the % discount. Percent DiscountPercent Change From $28 to $21 7 28 = 0. 25 Discount Change decimal to %

4 A family purchased a pool table for $825. The sales tax rate was 6%. What was the total cost ? Method 1 Add sales tax to the price: $825 x 6% = tax $825 x 0.06 = $49.50 $825 + $ 49.50 = $874.50 Method 2 Multiply the price by 106% since 6% is added to the cost. $825 x 106% = total cost $825 x 1.06 = $874.50 So, the total cost of the purchase was $874.50.

5 A shirt that was $25 is on sale for 20% off. What is the sale price? Method 1 Subtract the discount from the price: $25 x 20% = discount $25 x.2 = $5.00 discount $25 - $5 = $20.00 Method 2 Multiply the price by 80% since that is what you ARE paying. $25 x 80% = total cost $25 x.8 = $20.00 So, the total cost was $20.00. Discount

6 Skills Check! When you finish turn your paper over and put it in the corner of your desk.


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