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Percents

Chapter 6. Percents. Percent and Problem Solving: Sales Tax, Commission, and Discount. 6.5. Calculating Sales Tax and Total Price. Sales Tax and Total Price sales tax = tax rate · purchase price total price = purchase price + sales tax. Example.

Percents

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1. Chapter 6 Percents

2. Calculating Sales Tax and Total Price Sales Tax and Total Price sales tax = tax rate · purchase price total price = purchase price + sales tax

3. Example A gold and diamond bracelet sells for \$1800. Find the total price if the sales tax rate is 6.5%. sales tax tax rate purchase price sales tax = 6.5% · \$1800 = 0.065 · \$1800 = \$117 Sales Tax \$1800 + \$117 = \$1917 Total Price The total price for the bracelet was \$1917.00

4. Calculating Commission Commission commission = commission rate · sales

5. Example A salesperson earned a commission of \$3575 for selling \$32,500 worth of books to various bookstores. Find the commission rate. Commission rate commission sales \$3575 = r· \$32,500 The commission rate is 11%.

6. Calculating Discount and Sale Price Discount and Sale Price amount of discount = discount rate · original price sale price = original price · amount of discount

7. Example A \$2000 designer dress is on sale for 30% off. Find the discount and the sale price. original price amount of discount discount rate amount of discount = 30%· \$2000 The discount is \$600. continued

8. continued A \$2000 designer dress is on sale for 30% off. Find the discount and the sale price. sale price Original price discount sale price = \$2000 − \$600 The sale price is \$1400.

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