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# Discount, Sale Price

Original Price- the cost of the item before the discount is taken off. Discount, Sale Price. Discount- how much money is SAVED from original price. Sale Price- the price after the discount is taken Also referred to the discount price.

## Discount, Sale Price

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### Presentation Transcript

1. Original Price- the cost of the item before the discount is taken off Discount, Sale Price Discount- how much money is SAVED from original price Sale Price- the price after the discount is taken Also referred to the discount price

2. A shirt is priced at 49.99 and on sale for 20% off. What is the sale price? • 49.99 Original price • Steps • List original price and label it • change % to a decimal and multiply by original price to get discount • subtract discount from original price to get sale price X .20 9.9980 • 49.99 original • 9.99 discount 40.00 sale price

3. I want to buy a pair of CLEAR shoes for 79.99 and it is on sale for 25% off. Find the discount and sale price • 79.99 original price X .25 19.9975 79.99 original price -19.99 discount 60.00 sale price

4. I want to buy a shirt for 29.99 and pants for 39.99. Both are on sale for 33% off. Find the discount and sale price • There are 2 ways to do this • do each item separately • add both items then take discount 29.99 shirt +39.99 pants 69.98 X .33 23.0934 69.98 sale price -23.09 discount 46.89 sale price

5. We are buying an ipod 129.99 on sale for 20% off. We also buy the skin for it 19.99 on sale for 30% off. What is the sale price that I pay? • This one has to be done separately • Think that it should look like a receipt from any store orig 129.99 19.99 orig x.20 x.30 25.9980 discount 5.9970 discount 19.99 orig - 5.99 dis 129.99 orig - 25.99 dis + 118.00 sp 14.00 sp 104.00 sale price

6. Now let’s talk about tax • The type of tax we are going to use is called sales tax • It is the amount of money ADDED to the sale price • It is usually a different rate in every city

7. A jacket is 99.99 and on sale at 25% off. The tax is 8%. Find the discount, sale price and the total 99.99 original price x .25 24.9975 discount 99.99 original price -24.99 discount 75.00 sale price X .08 6.00 tax 75.00 sale price +6.00 tax 81.00 total • To do tax • Change % to a decimal • Multiply to sale price to get tax This is also called subtotal which means the total before tax 3.Add tax to sale price to get total

8. A dvd player is 49.99 and on sale for 25% off. A home theater system is 399.99 and also on sale for 30% off. Tax is what you pay in your area. What is the discount, sale price, tax, and total for this purchase? 49.99 original price 399.99 original x .30 x .25 12.4975 discount 119.9997 discount 399.99 original - 119.99 discount 49.99 original -12.49 discount 280.00 sale price 37.50 sale price

9. 280.00 sale price of home theater system +37.50 sale price of dvd player 317.50 subtotal For this problem we did 7 different problems to get this answer 317.50 subtotal X .0825 tax rate 23.10 tax 317.50 subtotal +23.10 tax 340.60 total

10. SIMPLE INTEREST • The amount of EXTRA money that someone charges or receives • Used in the real world talking about loans, credit cards or savings accounts Joe wants to buy a television. The tv costs \$900. Since he does not have the cash to buy it he uses a credit card. The card charges 13% interest. How much will Joe have to pay total for the television?

11. FormulaI = PRT • Interest= principal times rate times the time Principal- amount of \$ either borrowed or saved Rate- the interest rate is the %

12. Joe wants to buy a television. The tv costs \$900. Since he does not have the cash to buy it he uses a credit card. The card charges 13% interest for 1 year. How much will Joe have to pay total for the television? Write the formula then replace the letters with numbers and solve I = PRT

13. I bought furniture for 2800, 1000 for the chair and 600 for the ottoman. They have a special interest for 2 years at 3%. What is the total someone would pay? Write formula…… I = PRT Replace the letters with numbers and solve I = 4400(3%)(2) I= 264 Total = I + P I= 4400(.03)(2) to find total we add interest To the principal Total = 264+4400 I= 8800(.03) Total = 4664

14. COMMISSION • used in the real world in sales when a salesperson gets a percentage of what they sell • the more they sell the more they make • Examples of people who work on commission are …. • Selling cars, houses, jewelry and other expensive items

15. A salesman sells a camcorder for \$999 and gets 8% commission. How much does he make? • To do • Price times commission % to get commission 999 .08 . 7992

16. QUIZ 112.32 Price before the tax • 1. A jacket is 129.99 and on sale for 20% off. Tax is 8%. What is the total? • 2. What is the subtotal? • 3. Find the total for a tv for 899.99 and on sale for 20% off and a dvd for 99.99 with 25% off. Tax is 7% • 4. A piece of wood is 12 ½ ft long. How many ¾ pieces are cut from it? • 5. A shirt for 39.99 and on sale for 40% off, a belt for 29.99 and on sale for 25% off and a pair of clear shoes for 19.99 for 30% off. What is the total price? 850.65 16 2/3 60.50

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