Discount, sale price, tax, Tip

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Presentation transcript:

Discount, sale price, tax, Tip

Discount and sale price Discount is like tax, commission, and tip… You can… Change the percent to a decimal and multiply. Write a proportion like percent problems

Discount and Sale Price When an item is on sale, the store is selling the item for less, so this is called a discount. Sale Price The price of the item with the discount subtracted is called the sale price.

Discount and sale price Find the amount of discount. A store sells a shirt for $24.95. They have it on sale for 25% off. How much is the discount? Finding the sale price. What is the sale price of the shirt? $6.24 $18.71

Discount and Sale Price 1) A store sells a pair of shoes at a price of $37.50 and a discount of 10%. What is the amount of discount? 2)What is the sale price?

Discount Find the amount of discount A $36 book is on sale for $27. What is the amount of discount? Find the percent of discount What is the percent of discount for the book in the problem before? $9.00 25%

Tax A coat is on sale for $76. The tax is 8%. What is the amount of tax? What is the price of the coat including the tax?

Tip Tip is a fee paid for a service. Some of the people you might pay a tip to include waiters, hair stylists, cab drivers, bell hops or anyone who provides a service. Tip is calculated just like tax and can be added to the price. If Josie and 3 of her friends ate at a restaurant and each person spent $15. What is the minimum tip the group should leave if they want to leave at least 20% because their waiter was great?

Discount, sale price, tax… A pair of shoes are on sale for 15% off of an original price of $135. The sales tax is 6.5%. Find the discount and sale price. Find the tax and total with tax.

Fill in the table: List Price Discount rate Discount Sale price Tax rate Tax Amount Paid $45.00 10% $4.50 $40.50 7% $2.84 $43.34 $62.50 5% 6% $200 35% 8.5%