Discounts Markdowns JAN 30 Bellwork Glossary Discount or

Discounts & Markdowns JAN 30

Bellwork

Glossary: Discount or markdown: it is the amount by which the regular price of an item is reduced by a given percentage Sale Price: is the regular price of an item AFTER a discount

Find the sales price for a $150 pair of boots that are advertis ed at 25% off.

Continued Practice: Find the sale price for an item costing $225 that is marked 15% off the retail price. Find the price of a pair of jeans that cost $45 that are marked down 32%. Find the price of a gaming console that is priced at $375 but marked down 23%.

Continued… $64 jacket; 20% discount $1, 200 TV; 10% discount $7. 50 admission; 20%off $4. 30 eye shadow; 40% markdown

Bellwork: Jane is going out to eat with her friends. When she gets the bill it is $45. 65. She wants to leave a 25% tip and taxes ae 9. 6%. What is her total price?

Continued: All students from the university get a 5% discount at all stores in the mall. If James spends $84. 24 at the video store before his discount, how much will his total bill be after the discount?

Continued… Mary and Roberto bought identical backpacks at different stores. Mary’s backpack originally cost $65 and was discounted 25%. Roberto’s backpack originally cost $75 and was on sale for 30% off of the original price. Which backpack was the better buy?

We need to talk…. Jackie went to the store and wanted to buy and item that cost $125 but was discounted 15%. What is her total if the item has 5. 6% tax?

Markups VS Discounts when it comes to taxes: Markups you can simply ADD the markup AND the tax to the percentage. Discounts you MUST do the discount percentage FIRST, get what the discounted price is THEN take the taxes FROM the discount.

Try this one… A skate board that has a regular price of $69 is on sale for 35% discount. What is the sale price with 7% tax?

Continued… American Eagle is having a sale in which all items are 30% off. What is the sales price of a pair of jeans that have a retail price of $44? With 2. 5% tax? The jewelry store has a ring with a retail price of $372. 50. It is on sale for 60% off the retail price. What is the sale price of the ring? With 6% tax?

Mixtures: What would be the total cost of a pair of jeans that cost $67 but are on sale for 25% off and have a sales tax of 5. 5%? Which is the better deal? A backpack that is originally $27 but discounted 7% with a tax of 2. 9%? Or a backpack that is originally $30 but discounted 5% with a 2. 6% tax? How much would a skateboard costing $119. 50 be with a 20% discount and 7% tax?