1. SOLVING PROBLEMS INVOLVING TAX, TIP, OR DISCOUNT SOLVING FOR TOTAL PRICE OR SALE PRICE Tax, Tip, and Discount

2. CHANGE THE % TO A DECIMAL BY: 1. DIVIDING IT BY 100. OR 2. MOVING THE DECIMAL 2 PLACES TO THE LEFT. OR CHANGE THE % TO A FRACTION. MULTIPLY THE FRACTICTON TIMES THE SUBTOTAL AMT. OF TAX =(PRICE) X (%) Solving for amount of TAX Kaity buys a belt with a cost of $9. 85, sales tax is 8%. Find the Total price Kaity will pay at the store. Step. 1: 8 % =.0 8 Step 2: Multiply 6 4 4 decimals 9. 8 5 in the factors X. 0 8 ————.7 8 8 0 Count 4 decimal places in the answer. Round to the nearest cent $.7880= $.7 8 8 0 = $.79 TAX amount = $.79

3. TO FIND THE TOTAL COST YOU MUST ADD THE AMOUNT OF TAX TO THE SUBTOTAL. OR AMOUNT OF TAX TO THE BILL. Finding the Total cost with TAX included. 1 9. 8 5 Cost of belt +. 7 9 + Amount of tax ______ ______________ $1 0. 6 4 Total price paid at the store

4. STEP 1: CHANGE THE % TO A DECIMAL BY: 1. DIVIDING IT BY 100. OR 2. MOVING THE DECIMAL 2 PLACES TO THE LEFT. OR CHANGE THE % TO A FRACTION. STEP 2: MULTIPLY IT BY THE SUBTOTAL (PRICE) X (%) = AMT. OF TIP Finding the amount of TIP You order pizza to be delivered. The bill is $16. You give the delivery person a 15% tip. What is the total cost of the pizza? Step. 1: 1 5 % =.1 5 change % to a decimal Step 2: Multiply 3 2 decimals 1 6 in the factors X. 1 5 ———— 8 0 Count 2 decimal + 1 6 0 places in the _______ answer. $ 2. 3 0

5. TO FIND THE TOTAL COST YOU MUST ADD THE AMOUNT OF TIP TO THE SUBTOTAL. (ADD TIP TO THE FOOD BILL) Find Total price including tip 1 6. 0 0 Cost of food bill + 2. 3 0 + Amount of tip _________ ___________ $1 8. 3 0 Total price paid including tip

6. TO FIND THE TOTAL COST INCLUDING TAX AND TIP YOU MUST 1. FIND THE AMOUNT OF TAX. 2. FIND THE AMOUNT OF TIP. 3. THEN ADD THE AMOUNT OF TAX AND TIP TO THE SUBTOTAL. Find Total price including TAX AND TIP You order pizza to be delivered. The bill is $16. You give the delivery person a 15% tip. The sales tax is 5%. What is the total cost of the pizza? 2. Find the amount of TIP Step. 1: 15 % =.1 5 change % to a decimal Step 2: Multiply 3 2 decimals 1 6 in the factors X. 1 5 ———— 8 0 Count 2 decimal + 1 6 0 places in the _______ answer. $ 2. 3 0 1. Find the amount of TAX Step. 1: 5 % =.0 5 change % to a decimal Step 2: Multiply 3 2 decimals 1 6 in the factors X. 0 5 ————. 8 0 Count 2 decimal places in the answer.

7. TO FIND THE TOTAL COST INCLUDING TAX AND TIP YOU MUST 1. FIND THE AMOUNT OF TAX. 2. FIND THE AMOUNT OF TIP. 3. THEN ADD THE AMOUNT OF TAX AND TIP TO THE SUBTOTAL. Total price including TAX AND TIP 3. Find the total by adding the bill to the tax and the tip. 1 1 6. 0 0 Cost of food bill 2. 3 0 Amount of TIP +. 8 0 + Amount of TAX ________ ______________ $ 1 9. 1 0 Total price paid including tip and tax

8. STEP 1: CHANGE THE % TO A DECIMAL BY: 1. DIVIDING IT BY 100. OR 2. MOVING THE DECIMAL 2 PLACES TO THE LEFT. OR CHANGE THE % TO A FRACTION. STEP 2: MULTIPLY IT BY THE SUBTOTAL (PRICE) X (%) = AMOUNT OF THE DISCOUNT. (NOT THE SALE PRICE) Find the amount of the DISCOUNT You find a sweater that is on sale for 15% off the original price. The original price of the sweater is $60 and there is no sales tax. What is the amount of the discount? Step. 1: 15 % =.1 5 Step 2: Multiply 6 0 2 decimals X. 1 5 in the factors ________ $ 9. 0 0 Count 2 decimal places in the answer.

9. STEP 1: IS TO FIND THE AMOUNT OF THE DISCOUNT… SEE PREVIOUS SLIDE… STEP 2: TO FIND THE SALE PRICE SUBTRACT THE AMOUNT OF THE DISCOUNT FROM THE ORIGINAL PRICE. Find the SALE PRICE You find a sweater that is on sale for 15% off the original price. The original price of the sweater is $60 and there is no sales tax. What is Sale price? 6 0. 0 0 Cost of belt - 9. 0 0 - Amount of ________ discount _ $5 1. 0 0 Total price paid at the store

10. Number Sentence??? 1. A bicycle helmet is on sale for 25% off the original price. The original price is $48. What is the sale price?

11. Number Sentence??? 2. You take your best friend out for lunch at Chili’s for her birthday. The two meals together cost $18.50. You need to leave a 20% tip for excellent service. How much did you spend on your friend for lunch?

12. Number Sentence??? 3. At Chili’s you order a lunch that costs $6.50 and a beverage that costs $1.50. You leave a 20% tip and the sales tax is 7%. What is the total cost?

13. Number Sentence??? 4. At a rock concert, you buy a souvenir T-Shirt for $25 and a hat for $16. The sales tax on the items is 5%. Find the total cost.

14. Number Sentence??? 5. You are shopping for a bicycle and find one that costs $240 at Target. The store is offering a 35% discount on all bicycles. What is the amount of discount for the bicycle? What is the sale price of the bicycle?

15. Number Sentence??? 6. You buy a pair of jeans that is 40% off the original price of $64. What is the sale price?

16. Number Sentence??? 7. Walmart is selling a 42-inch television for $250. How much does the TV cost if you have to pay 6% sales tax?

17. Number Sentence??? 8. A $140 car stereo is marked up 50% and then discounted 50%. Will the final price of the car stereo be $140? Explain.