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Application with Percents

Application with Percents. Discounted Sale Price and Sales Tax. Warm up. A $179.00 chair is on sale for 30% off. How much can I save if I buy it now? A school receives 56% of the total sale at the end of a fund-raiser. If a fund-raiser makes $564,000, how much money does the school receive?.

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Application with Percents

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  1. Application with Percents Discounted Sale Price and Sales Tax

  2. Warm up • A $179.00 chair is on sale for 30% off. How much can I save if I buy it now? • A school receives 56% of the total sale at the end of a fund-raiser. If a fund-raiser makes $564,000, how much money does the school receive?

  3. Discounted Sale Price To find the discounted sale price, you must go one step further than the warm up. Ex. A $74.00 chair is on sale for 25% off. How much will it cost if I buy it now? What is the difference between our example and the warm up question?

  4. Discounted Sale Price Step 1: Change 25% to a decimal 0.25 Step 2: ORIGINAL PRICE $74.00 x % DISCOUNTx 0.25 SAVINGS $18.50 Step 3: ORIGINAL PRICE $74.00 - SAVINGS- $18.50 SALE PRICE $55.50 • 1. A $74.00 chair is on sale for 25% off.

  5. Discounted Sale Price 2. Find the sale price of a pen that costs $1.50 that is discounted 20%. Step 1: Change 20% to a decimal 0.2 Step 2: ORIGINAL PRICE $1.50 x % DISCOUNTx 0.2 SAVINGS $0.30 Step 3: ORIGINAL PRICE $1.50 - SAVINGS- $0.30 SALE PRICE $1.20

  6. Discounted Sale Price – Your turn • A recliner regularly costs $325 and is on sale for 25% off. What is the sale price of the recliner? $243.75

  7. Discounted Sale Price – Last one • A $14 blanket is on sale for 10%. What is the new cost of the blanket? $12.60

  8. Sales Tax • Sales tax is paid by the customer at the point of purchase. The tax amount is calculated by multiplying the rate of sales tax by the amount purchased. COSTx % TAX SALES TAX

  9. Sales Tax Continued …. • To find the total cost … COST + SALES TAX TOTAL COST

  10. Sales Tax Examples • Mary buys jeans at the mall for $42. The mall charges a sales tax of $7%. How much is the sales tax? What is the total cost? COST 42 COST 42.00x % TAX x .07 + SALES TAX+ 2.94 SALES TAX $2.94TOTAL COST $44.94

  11. Sales Tax • Bob purchased a truck for $17,495. The sales tax is 6%. How much is the sales tax? What is the total cost? Sales Tax: $1,049.70 Total: $18,544.70

  12. Sales Tax – Last one • Bob had the replace the tires on his new truck. The tires cost $105.80 for all 4. He also had to pay 10% sales tax. How much did he pay in sales tax. What was the total cost? Sales Tax: $10.58 Total Cost: $ 116.38

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