markup and markdown

137
7RP.3 Use proportional relationships to solve multistep ratio and percent problems. Examples: simple interest, tax, markups and markdowns, gratuities and commissions, fees, percent increase and decrease, percent error.

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Page 1: Markup and markdown

7RP.3Use proportional relationships to solve multistep ratio and percent problems. Examples: simple interest, tax, markups and markdowns, gratuities and commissions, fees, percent increase and decrease, percent error.

Page 2: Markup and markdown

Percent Practice

I can calculate cost after markdowns and markups

Vocabulary:markup

markdownpercent paidpercent off

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100%

Page 4: Markup and markdown

100%

What is 100% of 50?

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100%

What is 100% of 50?What is 100% of 25?

Page 6: Markup and markdown

100%

What is 100% of 50?What is 100% of 25?What is 100% of 90?

Page 7: Markup and markdown

100%

What is 100% of 50?What is 100% of 25?What is 100% of 90?What is 100% of 500?

Page 8: Markup and markdown

200%

Page 9: Markup and markdown

200%

What is 200% of 50?

Page 10: Markup and markdown

200%

What is 200% of 50?What is 200% of 25?

Page 11: Markup and markdown

200%

What is 200% of 50?What is 200% of 25?What is 200% of 90?

Page 12: Markup and markdown

200%

What is 200% of 50?What is 200% of 25?What is 200% of 90?What is 200% of 500?

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50%

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50%

What is 50% of 50?

Page 15: Markup and markdown

50%

What is 50% of 50?What is 50% of 25?

Page 16: Markup and markdown

50%

What is 50% of 50?What is 50% of 25?What is 50% of 90?

Page 17: Markup and markdown

50%

What is 50% of 50?What is 50% of 25?What is 50% of 90?What is 50% of 500?

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10%

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10%What is 10% of 100?

Page 20: Markup and markdown

10%What is 10% of 100?What is 10% of 50?

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10%What is 10% of 100?What is 10% of 50?What is 10% of 80?

Page 22: Markup and markdown

10%What is 10% of 100?What is 10% of 50?What is 10% of 80?What is 10% of 500?

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10%What is 10% of 100?What is 10% of 50?What is 10% of 80?What is 10% of 500?What is 10% of 20?

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10%What is 10% of 100?What is 10% of 50?What is 10% of 80?What is 10% of 500?What is 10% of 20?

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10% and 90%

Page 26: Markup and markdown

10% and 90%What is 10% of $50

Page 27: Markup and markdown

10% and 90%What is 10% of $505

Page 28: Markup and markdown

10% and 90%What is 10% of $505What is 90% of $50

Page 29: Markup and markdown

10% and 90%What is 10% of $505What is 90% of $5045

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10% and 90%What is 10% of $505What is 90% of $5045What is 10% of $80

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10% and 90%What is 10% of $505What is 90% of $5045What is 10% of $808

Page 32: Markup and markdown

10% and 90%What is 10% of $505What is 90% of $5045What is 10% of $808What is 90% of $80

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10% and 90%What is 10% of $505What is 90% of $5045What is 10% of $808What is 90% of $8072

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10% and 90%

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10% and 90%What is 10% of $60

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10% and 90%What is 10% of $606

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10% and 90%What is 10% of $606What is 90% of $60

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10% and 90%What is 10% of $606What is 90% of $6054

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10% and 90%What is 10% of $606What is 90% of $6054What is 10% of $90

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10% and 90%What is 10% of $606What is 90% of $6054What is 10% of $909

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10% and 90%What is 10% of $606What is 90% of $6054What is 10% of $909What is 90% of $90

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10% and 90%What is 10% of $606What is 90% of $6054What is 10% of $909What is 90% of $9081

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20% and 80%

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20% and 80%What is 20% of $60

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20% and 80%What is 20% of $6012

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20% and 80%What is 20% of $6012What is 80% of $60

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20% and 80%What is 20% of $6012What is 80% of $6048

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20% and 80%What is 20% of $6012What is 80% of $6048What is 20% of $90

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20% and 80%What is 20% of $6012What is 80% of $6048What is 20% of $9018

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20% and 80%What is 20% of $6012What is 80% of $6048What is 20% of $9018What is 80% of $90

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20% and 80%What is 20% of $6012What is 80% of $6048What is 20% of $9018What is 80% of $9072

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Discounts: 10% off

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Discounts: 10% offCost: 30 Discount 10%

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Discounts: 10% offCost: 30 Discount 10%10% of 30 =

Page 55: Markup and markdown

Discounts: 10% offCost: 30 Discount 10%10% of 30 =90% of 30 =

Page 56: Markup and markdown

Discounts: 10% offCost: 30 Discount 10%10% of 30 =90% of 30 =Total Cost =

Page 57: Markup and markdown

Discounts: 10% offCost: 30 Discount 10%10% of 30 =90% of 30 =Total Cost =

3. This is % off

Page 58: Markup and markdown

Discounts: 10% offCost: 30 Discount 10%10% of 30 =90% of 30 =Total Cost =

3. This is % off27. This is % paid

Page 59: Markup and markdown

Discounts: 10% offCost: 30 Discount 10%10% of 30 =90% of 30 =Total Cost =

3. This is % off27. This is % paidTotal Cost =

Page 60: Markup and markdown

Discounts: 10% offCost: 30 Discount 10%10% of 30 =90% of 30 =Total Cost =

3. This is % off27. This is % paidTotal Cost =

30- (.10 x 30) 30 x .9030-( 3 ) 2727

Page 61: Markup and markdown

Discounts: 10% off

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Discounts: 10% offCost $30 Discount 10%

Page 63: Markup and markdown

Discounts: 10% offCost $30 Discount 10%10% of 30 = dont pay

Page 64: Markup and markdown

Discounts: 10% offCost $30 Discount 10%10% of 30 = dont pay.10 x 30 = 3

Page 65: Markup and markdown

Discounts: 10% offCost $30 Discount 10%10% of 30 = dont pay.10 x 30 = 3This is $3 off

Page 66: Markup and markdown

Discounts: 10% offCost $30 Discount 10%10% of 30 = dont pay.10 x 30 = 3This is $3 off

90% of 30 = pay

Page 67: Markup and markdown

Discounts: 10% offCost $30 Discount 10%10% of 30 = dont pay.10 x 30 = 3This is $3 off

90% of 30 = pay.90 x 30 =27

Page 68: Markup and markdown

Discounts: 10% offCost $30 Discount 10%10% of 30 = dont pay.10 x 30 = 3This is $3 off

90% of 30 = pay.90 x 30 =27This is pay $27

Page 69: Markup and markdown

Discounts: 10% offCost $30 Discount 10%10% of 30 = dont pay.10 x 30 = 3This is $3 off

90% of 30 = pay.90 x 30 =27This is pay $27

Method 1

Page 70: Markup and markdown

Discounts: 10% offCost $30 Discount 10%10% of 30 = dont pay.10 x 30 = 3This is $3 off

90% of 30 = pay.90 x 30 =27This is pay $27

Method 130- (0.10 x 30)

Page 71: Markup and markdown

Discounts: 10% offCost $30 Discount 10%10% of 30 = dont pay.10 x 30 = 3This is $3 off

90% of 30 = pay.90 x 30 =27This is pay $27

Method 130- (0.10 x 30)30 - (3)

Page 72: Markup and markdown

Discounts: 10% offCost $30 Discount 10%10% of 30 = dont pay.10 x 30 = 3This is $3 off

90% of 30 = pay.90 x 30 =27This is pay $27

Method 130- (0.10 x 30)30 - (3)27

Page 73: Markup and markdown

Discounts: 10% offCost $30 Discount 10%10% of 30 = dont pay.10 x 30 = 3This is $3 off

90% of 30 = pay.90 x 30 =27This is pay $27

Method 130- (0.10 x 30)30 - (3)27

Method 2

Page 74: Markup and markdown

Discounts: 10% offCost $30 Discount 10%10% of 30 = dont pay.10 x 30 = 3This is $3 off

90% of 30 = pay.90 x 30 =27This is pay $27

Method 130- (0.10 x 30)30 - (3)27

Method 230 x .9

Page 75: Markup and markdown

Discounts: 10% offCost $30 Discount 10%10% of 30 = dont pay.10 x 30 = 3This is $3 off

90% of 30 = pay.90 x 30 =27This is pay $27

Method 130- (0.10 x 30)30 - (3)27

Method 230 x .927

Page 76: Markup and markdown

Sales Tax: 5%

Page 77: Markup and markdown

Sales Tax: 5%Cost: 27 Tax: 5%

Page 78: Markup and markdown

Sales Tax: 5%Cost: 27 Tax: 5%5% of 27 = (pay more)

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Sales Tax: 5%Cost: 27 Tax: 5%5% of 27 = (pay more).05 x 27 = $1.35

Page 80: Markup and markdown

Sales Tax: 5%Cost: 27 Tax: 5%5% of 27 = (pay more).05 x 27 = $1.35

100% of 27 pay to buy

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Sales Tax: 5%Cost: 27 Tax: 5%5% of 27 = (pay more).05 x 27 = $1.35

100% of 27 pay to buy5% of 27 tax

Page 82: Markup and markdown

Sales Tax: 5%Cost: 27 Tax: 5%5% of 27 = (pay more).05 x 27 = $1.35

100% of 27 pay to buy5% of 27 tax105% of 27 both price and tax

Page 83: Markup and markdown

Sales Tax: 5%Cost: 27 Tax: 5%5% of 27 = (pay more).05 x 27 = $1.35

100% of 27 pay to buy5% of 27 tax105% of 27 both price and tax

Method 1

Page 84: Markup and markdown

Sales Tax: 5%Cost: 27 Tax: 5%5% of 27 = (pay more).05 x 27 = $1.35

100% of 27 pay to buy5% of 27 tax105% of 27 both price and tax

Method 127 + (27 x 0.05)

Page 85: Markup and markdown

Sales Tax: 5%Cost: 27 Tax: 5%5% of 27 = (pay more).05 x 27 = $1.35

100% of 27 pay to buy5% of 27 tax105% of 27 both price and tax

Method 127 + (27 x 0.05)27 + 1.35

Page 86: Markup and markdown

Sales Tax: 5%Cost: 27 Tax: 5%5% of 27 = (pay more).05 x 27 = $1.35

100% of 27 pay to buy5% of 27 tax105% of 27 both price and tax

Method 127 + (27 x 0.05)27 + 1.3528.35

Page 87: Markup and markdown

Sales Tax: 5%Cost: 27 Tax: 5%5% of 27 = (pay more).05 x 27 = $1.35

100% of 27 pay to buy5% of 27 tax105% of 27 both price and tax

Method 127 + (27 x 0.05)27 + 1.3528.35

Method 2

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Sales Tax: 5%Cost: 27 Tax: 5%5% of 27 = (pay more).05 x 27 = $1.35

100% of 27 pay to buy5% of 27 tax105% of 27 both price and tax

Method 127 + (27 x 0.05)27 + 1.3528.35

Method 227 x 105%

Page 89: Markup and markdown

Sales Tax: 5%Cost: 27 Tax: 5%5% of 27 = (pay more).05 x 27 = $1.35

100% of 27 pay to buy5% of 27 tax105% of 27 both price and tax

Method 127 + (27 x 0.05)27 + 1.3528.35

Method 227 x 105%27 x 1.05

Page 90: Markup and markdown

Sales Tax: 5%Cost: 27 Tax: 5%5% of 27 = (pay more).05 x 27 = $1.35

100% of 27 pay to buy5% of 27 tax105% of 27 both price and tax

Method 127 + (27 x 0.05)27 + 1.3528.35

Method 227 x 105%27 x 1.0528.35

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Practice tax

Page 92: Markup and markdown

Practice taxCost: 2.95 for notebooks at 5% tax

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Practice taxCost: 2.95 for notebooks at 5% tax

Method 1

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Practice taxCost: 2.95 for notebooks at 5% tax

Method 12.95 + (2.95 x .05)

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Practice taxCost: 2.95 for notebooks at 5% tax

Method 12.95 + (2.95 x .05)2.95 + (0.1475)

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Practice taxCost: 2.95 for notebooks at 5% tax

Method 12.95 + (2.95 x .05)2.95 + (0.1475)3.0975

Page 97: Markup and markdown

Practice taxCost: 2.95 for notebooks at 5% tax

Method 12.95 + (2.95 x .05)2.95 + (0.1475)3.0975Rounded to $3.10

Page 98: Markup and markdown

Practice taxCost: 2.95 for notebooks at 5% tax

Method 12.95 + (2.95 x .05)2.95 + (0.1475)3.0975Rounded to $3.10

Method 2

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Practice taxCost: 2.95 for notebooks at 5% tax

Method 12.95 + (2.95 x .05)2.95 + (0.1475)3.0975Rounded to $3.10

Method 22.95 x 1.05

Page 100: Markup and markdown

Practice taxCost: 2.95 for notebooks at 5% tax

Method 12.95 + (2.95 x .05)2.95 + (0.1475)3.0975Rounded to $3.10

Method 22.95 x 1.053.0975

Page 101: Markup and markdown

Practice taxCost: 2.95 for notebooks at 5% tax

Method 12.95 + (2.95 x .05)2.95 + (0.1475)3.0975Rounded to $3.10

Method 22.95 x 1.053.0975Rounded to $3.10

Page 102: Markup and markdown

Practice tax period2

Page 103: Markup and markdown

Practice tax$46 shoes with 2.9% Tax

period2

Page 104: Markup and markdown

Practice tax$46 shoes with 2.9% Tax

Method 1

period2

Page 105: Markup and markdown

Practice tax$46 shoes with 2.9% Tax

Method 146 + (46 x .029)

period2

Page 106: Markup and markdown

Practice tax$46 shoes with 2.9% Tax

Method 146 + (46 x .029)46 + (1.334)

period2

Page 107: Markup and markdown

Practice tax$46 shoes with 2.9% Tax

Method 146 + (46 x .029)46 + (1.334)47.334

period2

Page 108: Markup and markdown

Practice tax$46 shoes with 2.9% Tax

Method 146 + (46 x .029)46 + (1.334)47.334Rounded to $47.33

period2

Page 109: Markup and markdown

Practice tax$46 shoes with 2.9% Tax

Method 146 + (46 x .029)46 + (1.334)47.334Rounded to $47.33

Method 2

period2

Page 110: Markup and markdown

Practice tax$46 shoes with 2.9% Tax

Method 146 + (46 x .029)46 + (1.334)47.334Rounded to $47.33

Method 246 x 1.029

period2

Page 111: Markup and markdown

Practice tax$46 shoes with 2.9% Tax

Method 146 + (46 x .029)46 + (1.334)47.334Rounded to $47.33

Method 246 x 1.02947.334

period2

Page 112: Markup and markdown

Practice tax$46 shoes with 2.9% Tax

Method 146 + (46 x .029)46 + (1.334)47.334Rounded to $47.33

Method 246 x 1.02947.334Rounded to $47.33

period2

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Practice discounts 4th

Page 114: Markup and markdown

Practice discounts$1575 Computer with 15 % discount

4th

Page 115: Markup and markdown

Practice discounts$1575 Computer with 15 % discount

Method 1

4th

Page 116: Markup and markdown

Practice discounts$1575 Computer with 15 % discount

Method 11575 - (1575 x .15)

4th

Page 117: Markup and markdown

Practice discounts$1575 Computer with 15 % discount

Method 11575 - (1575 x .15)1575 - (236.25)

4th

Page 118: Markup and markdown

Practice discounts$1575 Computer with 15 % discount

Method 11575 - (1575 x .15)1575 - (236.25)1338.75

4th

Page 119: Markup and markdown

Practice discounts$1575 Computer with 15 % discount

Method 11575 - (1575 x .15)1575 - (236.25)1338.75

Method 2

4th

Page 120: Markup and markdown

Practice discounts$1575 Computer with 15 % discount

Method 11575 - (1575 x .15)1575 - (236.25)1338.75

Method 21575 x.85

4th

Page 121: Markup and markdown

Practice discounts$1575 Computer with 15 % discount

Method 11575 - (1575 x .15)1575 - (236.25)1338.75

Method 21575 x.851338.75

4th

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Practice discounts

Page 123: Markup and markdown

Practice discounts$119 Computer with 20 % discount

Page 124: Markup and markdown

Practice discounts$119 Computer with 20 % discount

Method 1

Page 125: Markup and markdown

Practice discounts$119 Computer with 20 % discount

Method 1119 - (119 x 0.20)

Page 126: Markup and markdown

Practice discounts$119 Computer with 20 % discount

Method 1119 - (119 x 0.20)119 - (23.80)

Page 127: Markup and markdown

Practice discounts$119 Computer with 20 % discount

Method 1119 - (119 x 0.20)119 - (23.80)$95.20

Page 128: Markup and markdown

Practice discounts$119 Computer with 20 % discount

Method 1119 - (119 x 0.20)119 - (23.80)$95.20

Method 2

Page 129: Markup and markdown

Practice discounts$119 Computer with 20 % discount

Method 1119 - (119 x 0.20)119 - (23.80)$95.20

Method 2119 x .80

Page 130: Markup and markdown

Practice discounts$119 Computer with 20 % discount

Method 1119 - (119 x 0.20)119 - (23.80)$95.20

Method 2119 x .8095.20

Page 131: Markup and markdown

PRACTICE

$45 Sweater with 6% tax

Page 132: Markup and markdown

PRACTICE

$18.99 DVD with 15% markdown

Page 133: Markup and markdown

PRACTICE

$29 shirt with 7% tax

Page 134: Markup and markdown

PRACTICE

$12 meal with 4.5 % tax

Page 135: Markup and markdown

PRACTICE

$600 TV 12%off and 7% tax

Page 136: Markup and markdown

PRACTICE

$145 game system 25% off and 6.25% Tax

Page 137: Markup and markdown

PRACTICE$45 Sweater with 6% tax$18.99 DVD with 15% markdown$29 shirt with 7% tax$12 meal with 4.5 % tax$600 TV 12%off and 7% tax$145 game system 25% off and 6.25% TaxWhat was start price? now 25.00 after 15% off?