7-7 Sales Tax and Discount. Discounts are like what that we have been talking about? What is a discount?

Slides:



Advertisements
Similar presentations
SOLVING PROBLEMS INVOLVING DISCOUNTS AT SALES AND SALES TAX.
Advertisements

Which states have a sales tax rate closest to the Texas sales tax rate?
Unit 1: Percents PC1: I can calculate the price of an item after a discount has been applied. PC2: I can calculate the price of an item after sales tax.
EXAMPLE 1 Finding a Sale Price You are shopping for a guitar and find one with an original price of $160. The store is offering a 30% discount on all guitars.
Two Step Equation Percentages Adding and Subtracting Adding -- Tax, Markup –Original amount + a percent of that amount –An item is marked up 75%
Ch. 5-7 Percent of change. Ch. 5-7 Vocabulary Percent of change: a ratio that compares the change in quantity to the original amount. Percent of increase:
Drill # A dripping faucet wastes 3 cups of water every 24 hours. How much water is wasted in a week?
7 th Grade Math Ms. Richardson.  Before, we answered all types of percent questions using proportions.  However, when you are finding the percent of.
POD 5 $120 G-shock, 6% sales tax Basic Advanced Find the total cost. Find the percent markup. Foot Locker buys a pair of KD VII’s for $85. They sell them.
Warm Up 1. 14,000 is 2 % of what number? is 13% of what number? % of what number is 12? % of what number is 189? 560,
Lesson 7.7 Concept: How to solve problems involving discounts and sales tax. Guidelines: A discount is the difference between the original price and the.
DISCOUNTS, SALES TAX, TIPS DISCOUNTS Example: Regular Price = $10 Discount = 20% Step 1 Change the percentage to a decimal Step 2 Multiply the Regular.
8.4 Percent of Increase and Decrease. Percent change is the ratio of the amount of change to the original amount. Percent increase describes how much.
NS1.6 Calculate the percentage of increase and decrease of a quantity. NS1.7 Solve problems that involve discounts, markups, commissions, and profit and.
Do Now What number is 12% of 350? 21 is what percent of 40?
WHAT IS THE DIFFERENCE BETWEEN CALCULATING TAX AND DISCOUNT Question of the day.
EXAMPLE 1 Finding a Sale Price You are shopping for a guitar and find one with an original price of $160. The store is offering a 30% discount on all guitars.
adjectives as you can think of that describes that word.
Estimating With Percents Lesson 6-8. Sales Tax Round the cost of a given item to the nearest dollar. Multiply that estimate by the decimal version of.
Bell Work Discount/Markup Sale Price $6 shirt 20% off _______ _______
Percent Increase and Decrease
7-7 Sales Tax and Discount. Discounts are like what that we have been talking about? What is a discount?
Find the discount/markup first then find the & new price. 1)$6 shirt 20% off _______ _______ 2)$65 shoes 15% off _______ _______ 3)$80 tickets 40% markup.
Why??  Percents are all around us! Sales and discounts shopping Sales Tax Income Taxes Tips on restaurant bills Etc…  When doing problems with % remember.
Warm ups: 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.
Lesson 11 DAY 2. CLASS STARTER 30 % OF A NUMBER IS 57 WHAT PERCENT OF 60IS24 OF24%50.
Sales Tax, Discounts, and Commissions Section 6.7.
Percent Increase and Decrease
Then/Now You have already solved real-world problems using the percent proportions. (Lesson 7–3) Solve real-world problems involving markup and discount.
3-7 Percent of Change Objective: Students find percents of increase and decrease and solve problems involving percents of change. S. Calahan 2008.
Bell Work Movie tickets used to cost $5, now cost $7. Find the percent of change. A percent of change tells how much a quantity has increased or decreased.
Algebra 1 Notes 3.7 Percent of Change.
Markup and Discount 6.5. markup Markup = (% of markup) (store’s cost)
DO NOW Define: Markup: An increase from the wholesale price of an item to the retail price. Discount: A decrease from the original price of an item to.
Mrs. Matej. Is the amount by which the ________ ________ of an item is ________ The discounted price of an item is always ______ than the regular price.
2 pt 3 pt 4 pt 5pt 1 pt 2pt 3 pt 4pt 5 pt 1 pt 2 pt 3 pt 4pt 5 pt 1pt Sale Price? What is the % of the number? Sale Price + tax?
 Percent of Change – the ratio of the change in an amount to the original amount expressed as a percent.  Percent of Increase – the new number is greater.
Multiple Discounts This presentation was created following the Fair Use Guidelines for Educational Multimedia. Certain materials are included under the.
Splash Screen. Then/Now You have already solved real-world problems using the percent equations. (Lesson 7–5) Solve real-world problems involving markup.
Review  Find the solutions to the following problems… 1) 50 x.6 2) 20.4 x.2 3) 45.3 x 3.1 4) 53.2 x.25.
Bellwork 1. Find 30% of Find 28% of 60. Solve for x = x(50) = x(86) is what percent of 80? is what percent of 30? 16.8.
Section % of what number is 75? 2. What percent of 25 is 4? 3. If you buy a shirt that was originally $45 but it is on clearance for 25% off,
Mr. Sands 6.3.  1.Price x sales tax rate = sales tax --Instead of subtracting like discount you add to the price. 2.Price + sales tax = total cost 3.Discount.
EXAMPLE 1 Finding a Sale Price Clothing You buy a pair of jeans that is 30% off the original price of $29. What is the sale price? STEP 1 Find the amount.
Estimating With Percents Lesson 6-8. Sales Tax Round the cost of a given item to the nearest dollar. Multiply that estimate by the decimal version of.
Sales Tax and Discount Lesson 8-5. Sales tax and discount Sales tax - is an additional amount of money charged on items people buy. The total cost is.
PERCENT OF CHANGE. WHAT IS THE PERCENT OF CHANGE? The amount stated as a percent that a number increases or decreases.
1. Find 30% of Find 28% of 60. Solve for x = x(50)
Discounts, Markups, Sales Tax and Tip
Bell Work From 5 to = 5 40% increase
8.4 Percent of Increase and Decrease
Daily Warm-Up (I do) ALCOS # 3 5th grade
EXAMPLE 1 Finding a Sale Price
Using Percents 7-10 Warm Up Problem of the Day Lesson Presentation
We often have to add or subtract percentages to find the total cost. Examples of percents that add to the cost – Tip, or gratuity – Tax – Interest – Mark-up.
Percent Increase and Decrease
Markup and Discount Calculate given percentages of quantities and solve problems involving discounts at sales, interest earned, and tips. Objective:-Students.
Problem of the Day Last week, you finished Level 2
Math 5-7: Percent of Change
2-7 Notes for Algebra 1 Percent of Change.
Unit 6. Day 12..
Bellwork A pass at a water park is $58 at the beginning of the season. The cost of the pass decreases each month. 1. Each month 10% is taken off the.
Discounts, Coupons and Sales
Percent Increase and Decrease
Percents and Total Cost 2.6 and 2.7
Objective: Students will be able to solve problems involving discounts and sales tax. VOCABULARY: A discount is the difference between the original price.
Finding Discount Objective: Students will calculate percentages and find the amount of discount.
Discounts\Sales.
Calculating: Discount Prices
Sales Tax, Tips, Discounts
Presentation transcript:

7-7 Sales Tax and Discount

Discounts are like what that we have been talking about? What is a discount?

Two Steps!  Find the discount amount.  Subtract the discount from the price.  A $69 boogie board is on sale at a 35% discount. What is the sale price?

Sales tax is like what that we have been talking about? What is sales tax? ndpercent/taxes/

Two Steps!  Find the sales tax.  Add the sales tax to the price.  A DVD player costs $140, and the sales tax is 5.75%. What is the total cost?

Find tax AND discount  What is the total cost of $12.25 pen set that is 60% off and has a tax rate of 5%.

Going Backwards!  A movie ticket is $5.25. If this price is after a 30% discount, what was the original price?  What percent do we SEE?