Warm Up Write the percent as a fraction and decimal 5% 6% 12% 6.5% 8%

Chapter 3: Shopping for Clothes Lesson 1: Ready-to-Wear Consumer Finance

Vocab At (@) – A term and a symbol used to indicate unit price Sales Tax – A tax figured as a percentage of the purchase price and collected by the seller

Directions (Choice 1) First you change the percent to a decimal Second you add the purchases (for a cost) Third you multiply the cost by the decimal Forth you add the answers (2 and 3)

Directions (Choice 2) First you change the percent to a decimal Second you add the purchases (for a cost) Third you multiply the cost by the 1.decimal

TODAYS CHART SHIRT $21.95 VEST $35.00 SOCKS $1.79 a pair JEANS $31.95 JACKET $64.59 SHOES $47.99 DRESS $25.99

I DO Purchases Tax 1 sock and 1 jeans 6% 2. 2 socks, 1 jeans, 3 shirts, and 2 vests 5% 3. 3 socks, 1 jacket 6.5% 4. Dress and 2 vests 4%

WE DO Purchases Tax 2 jeans, 1 sock, 1 shoe 7% 2. Vest, shirt, 2 socks, shoe, and 2 jeans 5.5% 3. 4 shoes and 4 socks 3% 4. 2 Dresses, 2 jeans, and 3 socks NONE

YOU DO Purchases Tax 1. 3 socks, 2 shoes, and 1 shirt 8% 2. 3 dresses, 1 jeans, 2 vests, and 1 shoes 6% 3. 7 socks and 4 jeans 6.5%

SUMMARY Today we learned how to calculate a clothing bill with sales tax This is important so you can always make sure you have enough money

HOMEWORK Worksheet

Warm Up Solve 100-57 63-24 43-19 150/3 75/6

Consumer Finance Chapter 3: Shopping for Clothes Lesson 2: Sale Price Lesson 3: Percent Saved Consumer Finance

Directions (Sale Price) Subtract Sale Price from Regular Price to get Amount Saved

Directions (Percent Saved) Divide (amount saved)/(regular price)

I DO Calculate amount saved and percent saved Item Reg Price Sale Price Dress $60.00 $52.99 Belt $17.50 $15.99 3. Coat $125.00 $95.90 4. Shoes $35.80 $29.95

WE DO Calculate amount saved and percent saved Item Reg Price Sale Price Gloves $15.00 $12.59 2. Socks $3.29 $1.79 3. Vest $42.50 $37.75 4. Suit $765.00 $635.00

YOU DO Calculate amount saved and percent saved Item Reg Price Sale Price 1. Hat $19.99 $14.75 2. Jersey $187.99 $164.25 3. Shirt $49.95 $38.95

SUMMARY Today we learned how to calculate money and percent saved This is important so you can always make sure the store isn’t robbing you of money

HOMEWORK Calculate amount saved and percent saved Item Reg Price Sale Price Jeans $62.50 $57.25 2. Tie $39.95 $27.50

Warm Up 32.95 – 29.50 49.95 – 35.50 75.99 x .65 45.95 x .85

Chapter 3: Shopping for Clothes Lesson 4: Discounts Consumer Finance

VOCAB Discount – is an amount subtracted from the regular price

DIRECTIONS Subtract Change your answer to a decimal Multiply 100 – Discount Change your answer to a decimal Multiply Answer x Price = SALE PRICE Price – SALE PRICE = SAVINGS

I DO (Discounts) Find the sale price and amount saved Item Price Discount Sweater $39.99 10% Jeans $44.99 15% Shirt $24.99 10% Blouse $49.95 20%

WE DO (Discounts) Find the sale price and amount saved Item Price Discount Shoes $34.99 25% Coat $179.99 15% Jacket $69.95 35% Tie $37.50 20%

YOU DO (Discounts) Find the sale price and amount saved Item Price Discount Hat $24.95 10% Vest $37.50 15% Dress $135.75 25% Skirt $65.95 20%

Review Today you learned how to calculate the sale price and amount saved

Homework Worksheet

WARM UP Create a list of things you need to pay attention to when shopping online or in a catalog

Chapter 3: Shopping for Clothes Lesson 5: Buying from a Catalog Consumer Finance

3-5 VOCAB Catalog is an organized listing of items for purchase Postpaid means the company pays the postage cost

DIRECTIONS Read carefully

I DO Ray wants 2 shirts from the catalog Read the catalog and fill out the order form (Next Slide) Mens shirts Fine, lightweight cotton knit shirt for sports and casual wear. Washable. 3 button opening. Short sleeves. White Collar. Three Colors: Navy, Green, Red. Mens Sizes S,M,L,Xl A4610………………………..Mens Shirt $35.00 postpaid

ORDER FORM ORDER FORM Ordered By: Ship to: Name Name Address Address Item No Quantity Color Size Description Amount Total Sales Sales Tax (6%) Total Amount

PARTNERS Get into partners…. This is not a punishment but it’s a lot of writing You do not need to write it all down Just make sure you understand it Page 64 and 65

WE DO Page 64 Exercise B

You DO Page 65 Exercise D

REVIEW Today we learned how to write orders for a catalog

HOMEWORK Page 65…Exercise C 1-5

Warm Up What is the difference between a fraction and a decimal (for 99% of decimals) There are very few numbers in math that cannot be written as a fraction….give me an example

Chapter 3: Shopping for Clothes Lesson 6: Simplifying Fractions Consumer Finance

VOCAB NUMERATOR is the top number of a fraction DENOMINATOR is the bottom number of a fraction FACTOR is the number being multiplied Greatest Common Factor (GCF) is the largest number that divides into both factors Least Common Multiple (LCM) is the smallest number that both factors have in common

DIRECTIONS (simplifying) Just divide both the numerator and denominator by the same number until you can’t divide anymore. Easiest number to divide by is 2 Calculator type the problem then push math enter enter

I DO Simplify the fractions 2/4 6/8 5/10 13/39 8/10 3/9 12/15 12/16 14/16 6/9 12/32

DIRECTIONS (mixed numbers) To convert a improper fraction to a mixed number you first divide and then use the remainder over the original denominator Calculator type the problem then push enter Then write the whole number down Then subtract the whole number Then press math enter enter (and write that down)

WE DO Simplify the improper fractions Use mixed numbers 5/4 3/2 7/5 9/2 11/7 13/8 9/5 17/4 12/5 20/9

Warm Up Simplify 5/4 9/2 8/32 23/6

Chapter 3: Shopping for Clothes Lesson 7: Common Denominators Consumer Finance

DIRECTIONS (equivalent fractions) Just ask yourself….what do I multiply the starting denominator by to get to the new denominator Or you could just divide if you don’t know (new/start) Then multiply the numerator by that answer

YOU DO Find equivalent fractions Starting New Denominator 2/3 9 ¾ 8 2/3 9 ¾ 8 1/8 16 ½ 8 3/5 10 7/8 32 6/9 54 5/7 49 3/8 24 12/13 39

DIRECTIONS (equivalent fractions) Find the lcm The smallest number that both denominators have in common

Write the 2 fractions with a common denominator I DO Write the 2 fractions with a common denominator 5/8 and ½ ¾ and 1/8 ¼ and ½ ½ and 3/8 ¾ and 5/8 7/8 and ¼ 1/7 and 3/5 6/11 and 9/13

REVIEW Today we learned how to simplify fractions, rewrite fractions as mixed numbers, and get common denominators

HOMEWORK

WARM UP ¾ +1/4 2/5 + 1/5 2/4 + ¾ 4/5 - 2/7 9/10 – 2/5

Chapter 3: Shopping for Clothes Lesson 8: Making Your Own Clothes Consumer Finance

3-8 VOCAB Pattern is a sewers design, form and directions for making clothes Yard(yd) a measure of length equal to 3 ft Notions small items needed to complete a sewing project

DIRECTIONS Read carefully Then follow the chart

Questions How much 60’’ fabric is needed to make a men’s size medium style A shirt, pants and cape? 2. How much 60’’ fabric is needed to make a men’s size large style A shirt, pants and cape? 3. How much 45’’ fabric is needed to make 2 medium misses outfits (top, pants and headband)? 4. How much 72’’ fabric is needed to make 2 pairs of size medium boots?

QUESTIONS 5. How much 45’’ fabric is needed to make 2 pairs of men’s size medium style C pants? 6. How much 45’’ fabric is needed to make a misses size large style B outfit (top, pants, and headband)? 7. How much 45’’ fabric is needed to make both a misses medium style B outfit and a men’s large style A outfit (shirt, pants and cape) 8. How much 60’’ fabric is needed to make both a misses size large style B outfit (top, pants, and headband) and a men’s size small style A outfit?

QUESTIONS 9. A man decides to make a size medium boots and style C vest using 35’’ fabric. How much fabric does he need? 10. Two women are planning matching style B outfits. One woman is size large and the other is a medium. They will use 45’’ fabric for top, pants, and headband. How much fabric do they need? 11. How much more 60’’ fabric is required to make a men’s size large than a size medium pants, shirt, and cape?

REVIEW Today we learned how to compute the amount of fabric needed to make an outfit

HOMEWORK 1. How much more 45’’ fabric is required to make a men’s size large style C vest than a size small vest? 2. How much more 60’’ fabric is required to make a men’s size large than a size medium pants, shirt, and cape? 3. How much more 45’’ fabric is required than 60’’ fabric to make a misses medium style B outfit? 4. How much more 60’’ fabric is required to make a men’s medium style A outfit than a misses size small style B outfit? 5. How much more 45’’ fabric is required than 60’’ fabric to make a medium style C hat and sash? 6. How much more 45’’ fabric is required than 60’’ fabric to make a misses medium style B top, pants, and headband?

Warm Up Multiply 1. 7 x 9.00 2. 13 x 4.50 3. 19 x 5.75 4. 24 x 3.19

Chapter 3: Shopping for Clothes Lesson 9: Finding the Cost of Fabric Consumer Finance

Directions (Cost of Fabric) Multiply Whole Number x Cost Fraction x Cost Add Add the two answers

I DO (Cost of Fabric) Find the total cost of the fabric Length Cost per yd 2 yds $9.00 4 1 3 yds $12.00 5 3 8 yds $5.49 7 2 5 yds $7.31

WE DO (Cost of Fabric) Find the total cost of the fabric Length Cost per yd 11 yds $6.50 1 yd $13.00 8 2 7 yds $3.19 5 1 9 yds $13.23

YOU DO (Cost of Fabric) Find the total cost of the fabric Length Cost per yd 34 yds $2.10 13 2 3 yds $6.56 45 2 9 yds $35.67 17 3 5 yds $24.17

Review Today you learned how to calculate the cost of fabric.

Homework Worksheet

WARM UP Compare and contrast the differences with paying for something in credit cards to cash

Chapter 3: Shopping for Clothes Lesson 10: Using a Charge Account Consumer Finance

3-5 VOCAB Charge Account another word for Credit Card Charge Account is a card that lets you buy items and pay for them at a later date. Minimum Payment means the smallest amount due to be paid on a charge account Interest A fee charged on the unpaid balance of a charge account Statement A monthly record sent to charge account customers

DIRECTIONS Subtract payment from current balance Convert percent to decimal Multiply decimal times amount owed Add interest to Amount owed

I DO Current Minimum Interest Unpaid Interest New Balance Payment Rate Balance Charge Balance 1. 245.78 10.00 15% 2. 101.98 15.00 16% 3. 78.69 10.00 19% 4. 2889.76 50.00 20%

WE DO Current Minimum Interest Unpaid Interst New Balance Payment Rate Balance Charge Balance 1. 319.34 32.50 32% 2. 67.98 10.00 23% 3. 123.45 25.00 35% 4. 1579.24 75.00 21%

You DO Current Minimum Interest Unpaid Interst New Balance Payment Rate Balance Charge Balance 1. 654.98 50.00 29% 2. 234.78 25.00 18% 3. 97.53 10.00 23% 4. 8642.13 250.00 34%

REVIEW Today we learned how to calculate charge account information

HOMEWORK Current Minimum Interest Unpaid Interst New Balance Payment Rate Balance Charge Balance 1. 1234.56 50.00 34% 2. 621.98 35.00 19%

Warm Up 85 x .10 48 x 1/3 25 x .15 35 x .85

Chapter 3: Shopping for Clothes Lesson 11: Using a Layaway Plan Consumer Finance

3-11 VOCAB Layaway is a plan under which a customer can buy something, by paying part of the price, they will get the item when the rest of the price is paid off

DIRECTIONS Multiply Subtract Cost x Deposit = Amount of Deposit Cost – Amount of Deposit = Remainder Due

Question Why is layaway good? Why is it bad?

I DO (Layaway) Find the amount of deposit and remainder due for a layaway plan Item Cost Deposit Shirt $15.95 5% Jeans $65.50 2/5 Beanie $24.95 $5 Skirt $37.50 10%

WE DO (Layaway) Find the amount of deposit and remainder due for a layaway plan Item Cost Deposit Polo $39.95 20% Tie $49.99 1/4 Vest $35.50 $20 Jacket $65.99 25%

You DO (Layaway) Find the amount of deposit and remainder due for a layaway plan Item Cost Deposit Dress $85.00 10% Shoes $48.00 1/3 Coat $125 $10 Hat $24 15%

REVIEW Today we learned how to calculate a deposit and remainder due when using layaway

HOMEWORK Worksheet