Commissions & Taxes 8 th Grade Math. Vocabulary Percent Applications Hangman.

Slides:

Advertisements

Similar presentations

Applications of Percents 6-5. Vocabulary Commission- a fee paid to a person who makes a sale. Commission rate- a percent of the selling price.

Advertisements

Write an equation and solve. Round to hundredths as needed.

Chapter 6 Percent © 2010 Pearson Education, Inc. All rights reserved.

Solving Word Problems with Variables on Both Sides

8-6 Applications of Percents Course 3 Warm Up Warm Up Problem of the Day Problem of the Day Lesson Presentation Lesson Presentation.

7 th Grade Math Ms. Richardson.  Before, we answered all types of percent questions using proportions.  However, when you are finding the percent of.

Business Math Assignment Press F5 to begin to playing this slide show.

Applications of Percents

Applications of Percent

Lesson 1-1 Example Example 1 Karen bought a dress that cost $32. She paid 7% in sales tax. How much did she pay in tax? 1.Write the percent proportion.

Percentages. Finding p% of a number x More examples.

Commission, Sales Tax, and Profit

Applications of Percents

Using Percents 7-10 Warm Up Problem of the Day Lesson Presentation

WORD PROBLEMS - PERCENTS

Learn to find commission, sales tax, and percent of earnings.

Applications of Percents 6-6 Warm Up Warm Up Lesson Presentation Lesson Presentation Problem of the Day Problem of the Day Lesson Quizzes Lesson Quizzes.

Chapter 23 Review Adv. Math. Find the % of the number. 75% of 120.

Percent and Problem Solving: Sales Tax, Commission, and Discount

2.5 Application of Percents. Key words: –“of” means “multiply” –“is” means “= ” –“what number?” means “x” To convert a decimal number to %, move the decimal.

Application of Percents

HW # 69 - p. 296 & 297 # even AND p. 300 & 301 # 5-12 all, & 15 Warm up Joseph, Ana, Lena, and George chipped in money for a friend’s gift. The gift.

Sales Tax, Tip and Commission

Multi-Step Equation Word Problems

2-8 Percents Lesson Presentation Lesson Quiz Holt Algebra 1.

Then/Now You solved proportions. (Lesson 2–6) Find the percent of change. Solve problems involving percent of change.

Algebra 2.9 Applications of Percents. Learning Targets Language Goal  Students will be able to use common applications of percents. Math Goal  Students.

Applications of Percents 6-5 Warm Up Warm Up Lesson Presentation Lesson Presentation Problem of the Day Problem of the Day Lesson Quizzes Lesson Quizzes.

Course Applications of Percents Warm Up Estimate % of out of % of out of % % Possible answers:

PRE-ALGEBRA QUIZ 7B -APPLICATIONS OF PERCENT. Write 12.5% as a decimal..125.

Sales Tax, Discounts, and Commissions Section 6.7.

3 rd Nine Weeks – GT Benchmark Review. Question 1 Change to a fraction:

Markup and Discount NS 1.4 Calculate given percentages of quantities and solve problems involving discounts at sales, interest earned, and tips. Objective:-Students.

Bell work Solve. Round to tenth as needed. 1)What is 75% of $82? 2)What is 42% of $170? 3)What is 5.5% of $24? 4)What is 80% of $15.99?

Warm Up Change to a decimal 1. 20% 2. 45% % 4. 2% Course Applications of Percents.02.

Calculating Tax, Tips, and Commission

Using Percent. Warm-up: Get a calculator Find the percent of each number. 1)25% of 200 2)22% of 40 3)63% of 89 4)112% of 24 5)Jenny sold 380 boxes of.

Homework 1.Every month, Gillian makes $1600 plus an 8.9% commission on sales. If her sales last month totaled $18,400, what was her total pay? 2. The.

Applications of Percents

% ∙ $ = commission/sales tax/profit

Sales Tax and Discount Lesson 8 – 8. Vocabulary Sales Tax – an additional amount of money charged to a purchase. Discount – the amount by which the regular.

NS1.7 Solve problems that involve discounts, markups, commissions, and profit and compute simple and compound interest. Also covered: NS1.3 California.

Applications of Percents

What is Commission? It’s usually given as a percent. Sometimes, it is the only pay a sales person earns!

Finding Percent.

+ Basic Math Skills Lesson 13: Commission p. 154.

The Percent Proportion Section 5-3. The Percent Proportion.

What is Commission? It’s usually given as a percent. Sometimes, it is the only pay a sales person earns!

7 th Grade Review Percents. Find the percent of change. 20 is increased to %

 Real estate agents often work for commission. A commission is a fee paid to a person who makes a sale. It is usually a percent of the selling price.

Percent Proportions & Equations. A percent is a ratio that compares a number to 100. A commission is a percent of the amount of your sales. A percent.

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.

Commission is a fee paid for services, usually a percentage of the total cost. Jack’s Gallery sold Carole’s painting for $500 so Carole paid the gallery.

Commission DO NOW… A real estate broker charges a 6% commission. Find the commission on a house selling for $268,500.

Find the percent of increase or decrease to the nearest percent. 1.) From 1 to ) From 162 to ) From 16 to 22 1 – = 38% D 177 – 162.

Warm Up 1. Write 0.03 as a percent. 2. Write as a decimal.

Bell Work Jan 28 1) 2) Obj: I will use percents to determine sales tax, tips, and commissions.

Warm up F(x) = 2x + 4G(x) = 3x – 1 F(13) = G(10) = F(x) = 20 find x G(x) = 8 find x.

Applications of Percents 6-5 Warm Up Warm Up Lesson Presentation Lesson Presentation Problem of the Day Problem of the Day Lesson Quizzes Lesson Quizzes.

Discount, sale price, tax, Tip

Tax, Tip, Commission SB 11-2 Pages

Percent and Problem Solving: Sales Tax, Commission, and Discount

Markup and Discount Calculate given percentages of quantities and solve problems involving discounts at sales, interest earned, and tips. Objective:-Students.

Applications of Percent

Bell Ringer – 01/25/16 Jen works at a local car dealership. She makes a base salary of $575, plus a 6% commission on sales. If she told $6500, how much.

Warm Up Problem of the Day Lesson Presentation Lesson Quizzes.

Finding Discount Objective: Students will calculate percentages and find the amount of discount.

Applications of Percents

Bell work Week 28 Cost - The price retailers pay to a manufacturer

Presentation transcript:

Commissions & Taxes 8 th Grade Math

Vocabulary Percent Applications Hangman

To find commission amount: ▫Commission = commission rate x total sales Karina works in an appliance store. She is paid 5% commission on all appliances she sells. What is her commission on the sale of a $369 television? Commission /Tax Amount

Many salespeople are paid a salary plus commission for the items they sell. To find the TOTAL PAY: ▫Total pay = commission + salary ▫Josh earns a weekly salary of $300 and a 6% commission on his sales. Last week, his sales totaled $3500. How much was his paycheck? Total Pay/ Total cost

There are two ways to find a commission rate. ▫1) Set up a percent equation.  What percent of (sales) = (commission) ▫2)Set up a proportion.  Commission/sales = Commission rate/100 The commission on a sale of a $1150 cameral is $69. What is the commission rate? Commission Rate/ Tax Rate

Selling Price/ Sales To find the selling price of an item: 1) Writing a percent equation. Solve ▫3 ½ % of what number is 15.75? Write a proportion. Solve. ▫3.5/1oo = 15.75/n ▫(Percent/hundred percent = commission/price of item) ▫The commission rate at a teen clothing store is 15%. Stacey earned $12 in commissions on a sale of a pair of jeans. What is the selling price of the jeans?