Presentation is loading. Please wait.

Presentation is loading. Please wait.

Do Now In the real world, when I buy a watch that is marked as $39.00 is that all I have to pay? If not why?

Similar presentations


Presentation on theme: "Do Now In the real world, when I buy a watch that is marked as $39.00 is that all I have to pay? If not why?"— Presentation transcript:

1 Do Now In the real world, when I buy a watch that is marked as $39.00 is that all I have to pay? If not why?

2 Sales tax is money paid to the government on receipts from items bought/sold. Sales tax is added to the selling price, and is a percentage of the cost of the item bought/sold.

3

4 Then/Now You have already used the percent proportion to solve problems. (Lesson 7–3) Apply the percent proportion to real-world problems.

5 SALES TAX Chan wants to buy a cell phone that costs $180. If a 7% sales tax is added, what is the total cost? Method 1 Find the tax first. Then add.. Method 2 Find the total percent first..

6 A.A B.B C.C D.D A.$126.05 B.$132.30 C.$138.60 D.$163.00 The sales tax on a bicycle is 5%. If the price of the bicycle is $126, what is the total cost?

7 Mr. Wilkins purchased a DVD player for $97.19 including tax. The DVD player had a sticker price of $89.99. About what percent sales tax did he pay? A6%B7% C8%D9%

8 A.A B.B C.C D.D A.5% B.6% C.7% D.8% Jeanne bought a DVD for $18.18 including tax. The sticker price of the DVD was $16.99. About what percent sales tax did she pay?


Download ppt "Do Now In the real world, when I buy a watch that is marked as $39.00 is that all I have to pay? If not why?"

Similar presentations


Ads by Google