EQ: How do I solve discount and tax problems?

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SOLVING PROBLEMS INVOLVING DISCOUNTS AT SALES AND SALES TAX.

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Presentation transcript:

EQ: How do I solve discount and tax problems? Do Now- Write and solve problems **6 mins until this slide is removed** Convert to decimal (move decimal twice to left) 25% 30% 2.12% .01% Find percentage amount (multiply decimal form of % with number) 25% of 40 30% of 10 EQ: How do I solve discount and tax problems?

Copy on right side of notes only Discount Problems Sample Problem: Find discount $35 sweater with 20% discount Subtract discount from original price .2($35) = $7 $35-$7= $28

Copy on right side of notes only Discount Problems Sample Problem: Find discount $35 sweater with 20% discount Subtract discount from original price .2($35) = $7 $35-$7= $28 Tax Problems Sample Problem: Find tax amount $10 meal with 8% tax Add tax to original price .08($10) = $0.80 $10+$0.80= $10.80

Copy pictures underneath do now (*your drawings do not have to be exact!)

.15($499)=$74.85 discount $499-$74.85=$424.15 sales price Copy pictures underneath do now (*your drawings do not have to be exact!) .15($499)=$74.85 discount $499-$74.85=$424.15 sales price

Find sales price. Copy picture below (* your drawings do not have to be exact!)

Find sales price. Copy picture below (* your drawings do not have to be exact!) .25($100)=$25 discount $100-$25=$75 sales price

Find sales price. Copy picture below (* your drawings do not have to be exact!) .25($100)=$25 discount $100-$25=$75 sales price .2($75)=$15 discount $75-$15=$60 sales price

Find sales price. Copy picture below (* your drawings do not have to be exact!) .25($100)=$25 discount $100-$25=$75 sales price .2($75)=$15 discount $75-$15=$60 sales price .15($60)=$9 discount $60-$9=$51 sales price

Copy blue box only (will appear soon)

Copy blue box only. Subtotal: $12.88 Tax: 8%=.08

Copy blue box only. Subtotal: $12.88 Tax: 8%=.08 $12.88+$1.03=$13.91 sale price

Write a 3+ sentence summary about what we did today

TOD 40% discount off $52 shoes 2) 22% discount off $30 meal 3) 8% tax on $12 receipt

TOD 40% discount off $52 shoes $20.80 discount; $52-$20.80=$31.20 2) 22% discount off $30 meal $6.60 discount; $30-$6.60=$23.40 3) 8% tax on $12 receipt $0.96 tax; $12+$0.96=$12.96