Discount Tax and Tip Teacher Twins 2014 Warm

Warm Up 1). Mary bought 36 pieces of fruit at the store. If 25%

Sales Tax-an additional amount of money charged on items that people buy. Tax is

Discount/Markdown- the amount by which the regular price of an item is reduced or

Tip-an amount you add to the price of a service that you receive. Tip

Practice 1). Kim wants to buy a sweater that costs $25. 00. It goes

Practice 4). Julie wanted to tip her hairdresser 20%. If her haircut cost $35,

Closure Tell how the following terms are alike and different. Discount Tax Tip

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Warm Up 1). Mary bought 36 pieces of fruit at the store. If 25% of the fruit was apples, how many apples did she buy? 9 apples 2). Ken won 15 games of checkers. If he played 35 games, what percent did he win? 42. 9% 3). Joe used 6 pencils, this was 60% of his pack. How many pencils were in the pack? 10 pencils 4). There are 300 students at Valley Middle School. There are 170 boys, what percent of the students are girls? 43. 3%

Sales Tax-an additional amount of money charged on items that people buy. Tax is added. Example: A graphing calculator costs $95, and the sales tax rate is 6. 75%. What is. Tax the sales tax? is $6. 41 What is the total price with tax? To find the total price you add the tax to the price of the graphing calculator. $101. 41

Discount/Markdown- the amount by which the regular price of an item is reduced or lowered. Discount is subtracted. Example: Alan wants to buy a set of skis that has a regular price of $150. This week, the skis are on sale at 25% discount. What is the discount or the amount saved? $37. 50 What is the new cost of the skis? To find the new cost you subtract $37. 50 from the original cost of $150. The new price is $112. 50.

Tip-an amount you add to the price of a service that you receive. Tip is added. Example: Ina went to a restaurant for lunch. Her bill was $10. 45, if she leaves a 15% tip how much was the tip? The tip is $1. 57. How much will she pay in total? To find the total you add 10. 45 + 1. 57. The total is $ 12. 02.

Practice 1). Kim wants to buy a sweater that costs $25. 00. It goes on sale for 30% off. How much will she pay for the sweater? 2). If Kim has to pay 7% sales tax for her sweater, how much money will she pay in total for the sweater? 3). Jack bought a notebook for $2. 99, a mechanical pencil for $1. 50 and some erasers for $0. 55. How much will he pay at the register if sales tax is 6. 5%?

Practice 4). Julie wanted to tip her hairdresser 20%. If her haircut cost $35, how much did she pay in all? 5). Yang went to the store to buy a new video game. The game cost $59. 99, but was on sale for 20% off. How much money will he pay in total if the tax is 6. 5%?

Closure Tell how the following terms are alike and different. Discount Tax Tip