1 / 21

Lesson Menu

Learn to calculate discounts, markups, and sales tax to find sale and selling prices in everyday scenarios. Examples and practice problems included.

struck
Download Presentation

Lesson Menu

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. Lesson Menu Main Idea and New Vocabulary NGSSS Example 1: Find the Sale Price Example 2: Find the Selling Price Example 3: Find the Total Cost Five-Minute Check

  2. Apply percents to find discount, markup, and sales tax. • discount • markup • selling price • sales tax Main Idea/Vocabulary

  3. MA.8.A.6.4 Perform operations on real numbers (including integer exponents, radicalspercents, scientific notation, absolute value, rational numbers, and irrational numbers) using multi-step and real world problems. NGSSS

  4. Find the Sale Price SHOPPING The regular price for a computer is $1,200. This week, it is on sale for 30% off. What is the sale price? Method 1 Find the amount of the discount first. The percent is 30%, and the whole is 1,200. We need to find the amount of the discount, or the part. Let d represent the amount of discount. d = 0.30 ● 1,200 Write the percent equation. d = 360 Multiply. Subtract the amount of the discount from the original price to find the sale price. $1,200 – $360 = $840 Example 1

  5. Find the Sale Price Method 2Find the percent paid first. If the amount of the discount is 30%, the percent paid is 100% – 30% or 70%. Find 70% of $1,200. Let s represent the sale price. s = 0.70 ● 1,200 Write the percent equation. s = 840 Multiply. Answer: The sale price of the computer is $840. Example 1

  6. SHOPPING The regular price for a video game system is $250. This week, it is on sale for 20% off. What is the sale price? A. $50 B. $200 C. $225 D. $230 Example 1 CYP

  7. Find the Selling Price CLOTHING The wholesale cost for shirts bought by a sporting goods store is $20 per shirt. The shirts will be marked up 40%. What will be the selling price? Method 1Find the amount of the markup first. The whole is $20. The percent is 40%. You need to find the amount of the markup, or the part. Let m represent the amount of the markup. m = 0.40 ● 20 Write the percent equation. m = 8 Multiply. Add the markup $8 to the store’s cost $20 to find the selling price. $8 + $20 = $28 Example 2

  8. Find the Selling Price Method 2Find the total percent first. The customer will pay 100% of the store’s cost plus an extra 40% of the cost. Find 100% + 40% or 140% of the store’s cost. Let p represent the price. p = 1.40 ● 20 Write the percent equation. p = 28 Multiply. Answer: The selling price of the shirts is $28. Example 2

  9. PETS The wholesale cost for guinea pig treats is $2.60 per box. The treats will be marked up 35% at the store. What will be the selling price? A. $1.69 B. $2.95 C. $3.51 D. $3.95 Example 2 CYP

  10. Find the Total Cost MUSIC A stereo that costs $120 is on sale for 12% off with a sales tax of 6.5%. What is the total cost of the stereo? Step 1Find the price of the stereo after the discount. Let d represent the total discount. part = percent ● whole d = 0.12 ● 120 Write the percent equation. d = 14.4 Multiply. Example 3

  11. Find the Total Cost Subtract the discount from the original price to find the sale price. $120 – $14.40 = $105.60 Step 2Find the amount of the sales tax. Let t represent the sales tax. part = percent ● whole t = 0.065 ● 105.60 Write the percent equation. t  6.86 Multiply. Example 3

  12. Find the Total Cost Add the sales tax to the sale price to find the total price. $105.60 + $6.86 = $112.46 Answer: The total cost of the stereo is $112.46. Example 3

  13. ENTERTAINMENT A trampoline that costs $200 is on sale for 5% off with a sales tax of 7%. What is the total cost of the trampoline? A. $190.00 B. $203.30 C. $208.65 D. $214.00 Example 3 CYP

  14. A $350 grill is on sale for 25% off the original price. Find the sale price. A. $87.50 B. $262.50 C. $325.00 D. $437.50 Five Minute Check 1

  15. Find the sale price of a television that is regularly $1,800 and is on sale for 15% off the original price. A. $270.00 B. $1,530.00 C. $1,620.00 D. $1,785.00 Five Minute Check 2

  16. Find the selling price for the book given the percent of markup.book: $65, 30% markup A. $19.50 B. $45.50 C. $84.50 D. $95.00 Five Minute Check 3

  17. Find the selling price for the lamp given the percent of markup.lamp: $120, 15% markup A. $18.00 B. $102.00 C. $135.00 D. $138.00 Five Minute Check 4

  18. Find the amount of discount for a $28 shirt that is on sale for 65% off the original price. A. $9.80 B. $18.20 C. $20.20 D. $65.00 Five Minute Check 5

More Related