1. Warm ups: 02.10.10

2. Eric bought a pair of shoes originally priced at $95 for 45% off. He paid $52.25 not including tax. Which equation shows how Eric paid $52.25 for the shoes? A. $95 - $45 B. $95 ÷.45 C. $95 - $ 95 ÷.45 D. $95 - $95 x.45

3. Eric decided to sell his shoes he bought for $52.25 for 40% more than what he paid. He sold them for $73.15. Which equation shoes how Eric figured he would sell them for $73.15? A. $52.25 + 40 B. $52.25 ÷.40 + 52.25 C. $52.25 - $ 52.25 ÷.40 D. $52.25 + $52.25 x.40

4. Vocabulary PERCENT OFF Discount Sale Off Sale price Marked down % of the cost Fraction of the cost Original price to sale Vocabulary PERCENT MARKUP Markup Wholesale price to retail price Increase Tax Tip Original price to profit Math steps: 1.PLD Change the % OFF to a decimal. 2. Multiply the % as a decimal x the original$$ 3.SUBTRACT that from the original$$ Math steps: 1.PLD change the % markup to a decimal 2.Multiply the % as a decimal x the original $$ 3. ADD that back onto the original$$