1. Markup and Discount 6.9

2. markup Markup = (% of markup) (store’s cost) Turn the percent into a decimal or fraction

3. Find the Markup $16.00 shirt; 165% markup

4. Express pays $56 for a jacket. The store’s percent of markup is 75%. Find the markup for the jacket. % of mark up: 75% Store’s cost: $56

5. Selling Price Store’s Cost + Markup = Selling Price

6. Find the Selling Price or Total Cost $6.99 toy; 125% markup

7. A store pays $5 for a baseball cap. The percent of markup is 70%. Find the selling price of the cap. Store pays: $5 Percent of markup 70% Markup= (5)(.70) Markup is $3.50 Selling price: store cost + markup $5 + $3.50 $8.50

8. Discount (% of discount) (Original Price)

9. Find the Discount $32 dress; 55% off

10. Sales Price Original - Discount

11. A pair of shoes that regularly sell for $39.95 is on sale for 20% off. What is the sale price? Discount (%of discount)(original price) =(0.20)(39.95) =7.99 Sale price Original-discount =39.95-7.99 =$31.96

12. Find the sales price or total cost of a $175 chair that is 75% off

13. Homework Page 359 (8-21) all