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Lesson 14: Multistep Ratio Problems

Lesson 14: Multistep Ratio Problems. Objective Students will solve multi-step ratio problems including fractional markdowns, markups, commissions, fees, etc. . Must Know!!!. Consumer = a person buying items “ of” in mathematics is an operational word for multiply . Example 1: Bargains.

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Lesson 14: Multistep Ratio Problems

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  1. Lesson 14: Multistep Ratio Problems Objective • Students will solve multi-step ratio problems including fractional markdowns, markups, commissions, fees, etc.

  2. Must Know!!! • Consumer = a person buying items • “of” in mathematics is an operational word for multiply.

  3. Example 1: Bargains

  4. Example 2: Big Al’s Used Cars A used car sales person receives a commission of of the sales price of the car for each car he sells. What would the sales commission be on a car that sold for $21,999?

  5. Example 3: Born to Ride A motorcycle dealer paid a certain price for a motorcycle and marked it up by 1/5 of the price he paid. Later he sold it for $14,000 what is the original price?

  6. Teacher Questions • Name at least two methods used to find the solution to a fractional markdown problem. • Compare and contrast a commission and a discount price.

  7. Lesson Summary

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