1 / 10

Discounts and Sales Tax

Discounts and Sales Tax. 7 th Grade. Vocabulary. Discount A decrease in the original price of an item Sales Tax The additional amount that gets added to the price of an item to pay for government services. Finding a Sale Price.

albin
Download Presentation

Discounts and Sales Tax

An Image/Link below is provided (as is) to download presentation Download Policy: Content on the Website is provided to you AS IS for your information and personal use and may not be sold / licensed / shared on other websites without getting consent from its author. Content is provided to you AS IS for your information and personal use only. Download presentation by click this link. While downloading, if for some reason you are not able to download a presentation, the publisher may have deleted the file from their server. During download, if you can't get a presentation, the file might be deleted by the publisher.

E N D

Presentation Transcript

  1. Discounts and Sales Tax 7th Grade

  2. Vocabulary • Discount • A decrease in the original price of an item • Sales Tax • The additional amount that gets added to the price of an item to pay for government services

  3. Finding a Sale Price The original price of the shorts is $35. What is the sale price? • Calculator Shortcut Original – discount % 35 – 25% $26.25 * Do not hit “=“ whenyou use this method 25% Off

  4. On Your Own The original price of a skateboard is $50. The sale price includes a 20% discount. What is the sale price?

  5. Finding an Original Price What is the original price of the shoes? • Step 1: Find the % paid 100% - 40% = 60% • Step 2: Use the percent proportion 40% Off Now $33

  6. On Your Own The discount on a DVD is 40%. It is on sale for $10. What is the original price?

  7. Practice

  8. Adding Sales Tax A DVD player cost $140 and the sales tax is 7%. What is the total cost of the DVD player? • Calculator Shortcut Cost + Sales Tax % 140 + 7 % $149.80 **Note: Do not hit “=“ if you use this method

  9. On Your Own Find the total cost for the sweater when the sales tax rate is 8.5%. $42

  10. Putting It All Together You have $120 saved for a digital camera. The retail price of the camera is $149. The camera is on sale this week. The sales tax rate in your area is 7.5%. Do you have enough money to purchase the camera? 25% Off

More Related