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Day 3 Markup and Discount.notebook            February 12, 2013




   AIM: Markup and Discount


                                     Do Now

      1.) The subtotal of my bill at the diner
      came to $24.25. If there is an 8% sales
      tax, what would the total bill.


      2.) I spent $300 at Home Depot the
      other day. If there was a 6% sales tax,
      what was my sub-total, to the nearest
      dollar?




                                                                  1
Day 3 Markup and Discount.notebook   February 12, 2013




                                                         2
Day 3 Markup and Discount.notebook   February 12, 2013




                                                         3
Day 3 Markup and Discount.notebook                                            February 12, 2013




                            Anticipatory Set
          A video game that regularly sells for $39.95
          is on sale for 20% off. What is the discount
          and what is the sale price?

         Equation for Discount:
         Original price – (percent as a decimal)original price = discounted price




                                                                                                  4
Day 3 Markup and Discount.notebook                                                February 12, 2013




                          Anticipatory Set
         Aeropostale buys a shirt for $21.00 and uses
         a percent markup of 42%, find the markup
         and then find the selling price.

          Equation for Mark‐up:
          Original price + (percent as a decimal)original price = selling price




                                                                                                      5
Day 3 Markup and Discount.notebook                       February 12, 2013




       1.) At Best Buy, you purchased a television for $1200 and
       that was after a 20% discount. What was the original
       price?




       2.) I purchase a tablet computer for $300 and it was
       marked-up 20%. What was the original price?




                                                                             6
Day 3 Markup and Discount.notebook                         February 12, 2013




      3.) I saw a camera on sale for 35% off the original price.
      If the original price was $200.00, what is the new price?




      4.) A store purchased a sofa for $420 and marked it up
      30%. What is the selling price?




                                                                               7
Day 3 Markup and Discount.notebook                          February 12, 2013




     BEFORE
       YOU
      LEAVE




     Let's say that I buy diamond necklace that was listed at $1500.
     The discount was 25% with an extra 15%. Find the sale price of
     the necklace.




      Wait, find 40% of $1500. What do you notice?




                                                                                8
Day 3 Markup and Discount.notebook   February 12, 2013




                                                         9

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Day 3 markup and discount

  • 1. Day 3 Markup and Discount.notebook February 12, 2013 AIM: Markup and Discount Do Now 1.) The subtotal of my bill at the diner came to $24.25. If there is an 8% sales tax, what would the total bill. 2.) I spent $300 at Home Depot the other day. If there was a 6% sales tax, what was my sub-total, to the nearest dollar? 1
  • 4. Day 3 Markup and Discount.notebook February 12, 2013 Anticipatory Set A video game that regularly sells for $39.95 is on sale for 20% off. What is the discount and what is the sale price? Equation for Discount: Original price – (percent as a decimal)original price = discounted price 4
  • 5. Day 3 Markup and Discount.notebook February 12, 2013 Anticipatory Set Aeropostale buys a shirt for $21.00 and uses a percent markup of 42%, find the markup and then find the selling price. Equation for Mark‐up: Original price + (percent as a decimal)original price = selling price 5
  • 6. Day 3 Markup and Discount.notebook February 12, 2013 1.) At Best Buy, you purchased a television for $1200 and that was after a 20% discount. What was the original price? 2.) I purchase a tablet computer for $300 and it was marked-up 20%. What was the original price? 6
  • 7. Day 3 Markup and Discount.notebook February 12, 2013 3.) I saw a camera on sale for 35% off the original price. If the original price was $200.00, what is the new price? 4.) A store purchased a sofa for $420 and marked it up 30%. What is the selling price? 7
  • 8. Day 3 Markup and Discount.notebook February 12, 2013 BEFORE YOU LEAVE Let's say that I buy diamond necklace that was listed at $1500. The discount was 25% with an extra 15%. Find the sale price of the necklace. Wait, find 40% of $1500. What do you notice? 8