Application with PercentsDiscounted Sale Price and Sales Tax

Warm up

1. A $179.00 chair is on sale for 30% off. How much can I save if I buy it now?

2. 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?

Discounted Sale PriceTo 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?

Discounted Sale Price

Step 1: Change 25% to a decimal 0.25

Step 2: ORIGINAL PRICE $74.00 x % DISCOUNT x 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.

Discounted Sale Price2. 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 % DISCOUNT x 0.2 SAVINGS $0.30

Step 3: ORIGINAL PRICE $1.50 - SAVINGS - $0.30 SALE PRICE $1.20

Discounted Sale Price – Your turn3. A recliner regularly costs $325

and is on sale for 25% off. What is the sale price of the recliner?

$243.75

Discounted Sale Price – Last one4. A $14 blanket is on sale for 10%.

What is the new cost of the blanket?

$12.60

Sales TaxSales 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.

COST x % TAX

SALES TAX

Sales Tax Continued ….To find the total cost …

COST + SALES TAX

TOTAL COST

Sales Tax Examples

1. 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 COST42.00 x % TAX x .07 + SALES TAX + 2.94

SALES TAX $2.94 TOTAL COST $44.94

Sales Tax

2. 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

Sales Tax – Last one

3. 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: $10.58Total Cost: $

116.38