older person explain to younger, what is a tax and what is a tip

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Older person explain to younger, what is a tax and what is a tip.

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Older person explain to younger, what is a tax and what is a tip. Objective. I can calculate tax, tip and discount. Review. What is 14% of 120? Find 30% of 180. What is 25% of 240. What is 80% of 90. Review. What is 14% of 120? Find 30% of 180. What is 25% of 240. What is 80% of 90. - PowerPoint PPT Presentation

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Page 1: Older person explain to younger, what is a tax and what is a tip

Older person

explain to younger, what is a tax and

what is a tip.

Page 2: Older person explain to younger, what is a tax and what is a tip

Objective

•I can calculate tax, tip and discount.

Page 3: Older person explain to younger, what is a tax and what is a tip

Review

1. What is 14% of 120?

2. Find 30% of 180.

3. What is 25% of 240.

4. What is 80% of 90.

Page 4: Older person explain to younger, what is a tax and what is a tip

Review

1. What is 14% of 120?

2. Find 30% of 180.

3. What is 25% of 240.

4. What is 80% of 90.

16.8

60

54

72

Page 5: Older person explain to younger, what is a tax and what is a tip

Tax Tip and Discount

in your notes1. Change the percent tax or percent tip to a

decimal

2. Multiply by the original cost or total.

3. To find the total, add the rounded tax or tip to the original price or subtract if

discount.

Page 6: Older person explain to younger, what is a tax and what is a tip

Lets see an example

Step 1: 9.1% 0.091

Step 2: Multiply

Tax

$41.50x .0913.7765

Example 1Taylor buys a pair of jeans at the Gap and they cost $41.50, the tax in Arizona is 9.1% find the total cost.

Page 7: Older person explain to younger, what is a tax and what is a tip

Step 3: Add rounded tax to original price$41.50+ 3.78 $45.28

Page 8: Older person explain to younger, what is a tax and what is a tip

You try...1.If the sales tax rate is 7.25% in California, then how much would you pay in Los Angeles for a pair of shoes that cost $39.00?

2. The price of a new car is $29,990. If the sales tax rate is 6.5%, then how much sales tax is being charged? What is the total cost for the car including tax?$41.83 $31,939.35

Page 9: Older person explain to younger, what is a tax and what is a tip

Lets try something a little more challenging

If you go out to eat with 3 friends and your meal was $72.50, there is 6.75% sales tax and you should tip the waiter 15%. How much should each person pay?

Work this out in your notes so you have an example with more than one step.

Page 10: Older person explain to younger, what is a tax and what is a tip

ClosurePerson with shorter hair,

explain the steps of finding the total cost of a

meal at a restaurant including tip.

Page 11: Older person explain to younger, what is a tax and what is a tip

Independent Practice Page 269 (28-34)