1. Percent Increase Mrs. Kuznia Math 8 Day 13

2. Percent Increase Examples of Percent Increase: Sales Tax Mark up Tips (gratuity) Commission

3. Procedure Use the same process as we did with percent decrease. Instead of SUBTRACTING…we will ADD!!!!

4. Example A $2500 TV with an 8% sales tax… How much is the tax? What is the ending price?

5. More Examples A $29 CD with a 7% sales tax…. How much tax did you pay? What was the ending price? A $179.99 Camera with an 6% Tax

6. Gratuity A $32.50 bill from Applebee’s and you want to leave a 5% tip How much of a tip did you leave?

7. Example You go to Red Lobster and spend $59.60. You want to leave a 15 % tip. How much tip did you leave?

8. What is Commission? Commission is a fee paid or earned when something is sold. To find commission, we do what we did to find tax, except we do not add at the end.

9. Example Pat sells a car for $25,000. He earns a commission of 5%. How much money did he earn?

10. Example Maria sells 12 CDs on the Internet for $150. She earns 8.5% commission. How much did she earn?