WHAT IS THE DIFFERENCE BETWEEN CALCULATING

TAX AND DISCOUNTQuestion of the day

AGENDA

• 1. Go over some examples

• 2. Go over foldable

• 3. Exit ticket

YOUR TURN

• In the notes section of your notebook calculate the sale price

1. Video game: $75

Discount: 25%

2. Skateboard: $119.95

Discount: 30%

3. Television: $675.50

Discount 35%

THESE ONES DIFFERENT, CAREFUL

• 1. The original price of the TV is $450. Sam will only buy the TV if it is under $400. What will the discount have to be in order for him to buy it.

• 2. The sale price is $300 and it is 20% off. What was the original

LETS CHECK OUR FOLDABLE

• Discount

• A certain percentage off a price

• Find the percent of the whole price and subtract it

• Find the percent the part is of the whole

• Markdown

• A certain percentage off the price, usually an entire store or product

• Find the percent of the whole price and subtract

• Find the percent the part is of the whole

FOLDABLE

Tip

An extra amount of money given for a

service

Find the percent of the price and add it

Commission

A certain percentage of money earned in

addition to a salary

Find the percent of your earnings and add it

Fees and taxes

Additional money due after price

Find the percent of the price and add it to price

MAKE SURE YOU HAVE AN EXAMPLE OF EACH

• Finish foldable

EXIT TICKET

• List steps in solving a proportion

• “ cross, cross, divide”