POD 10 What is 25% of 248? x =.25 × 248 basic advanced x = 62 Lego Marvel Super Heroes was...
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Transcript of POD 10 What is 25% of 248? x =.25 × 248 basic advanced x = 62 Lego Marvel Super Heroes was...
POD 10What is 25% of
248?
x = .25 × 248
basicadvanced
x = 62
Lego Marvel Super Heroes was originally priced at $60. It now sells for $20. What is the percent of decrease in it’s price?60 − 20 = 40
4060
The price decreased by 66.6%
40 ÷ 60 = 0.666
POD 11What percent of
348 is 529?
n × 348 = 529
basicadvanced
n = 1.52
Halo: The Master Chief Collection is originally priced at $60. It is on sale for 15% off. What is the selling price?
s = % × original price
The selling price is $51
S = .85 × 60
152%
POD 12Find the interest
I= p r t
basicadvanced
I = 22,000 × .0345 × 2
If Cole invests $8,000 in an account and earns $957 in 3 years, what is the interest rate?
I = p r t957 = 8,000 × r × 3
I = $1518
$22,000 loan, 3.45% interest rate, 2 years
0.039875 = r
÷3 ÷3
319 = 8,000 × r ÷8000 ÷8000
3.9%
Commissions and FeesSome jobs pay you a commission, a percent of the amount of your sales. To find a commission, use:
commission = commission rate × sales
Total earnings = salary + commission
Example 1: I do
A sales agent earns a weekly salary of $650, plus a commission of 4% on all sales. His sales this week are $1,250. How much does he earn?
c = .04 × $1250
t = $650 + $50
The total earnings are $700
commission = commission rate × sales
c = 50
total earnings = salary + commission
Almost all states charge fees for various services. Some fees are flat rates, such as paying $15 for a fishing license. But other fees are percentages of some value.
Example 2: I do
In one state the fee to register a medium weight truck is 1.5% of its assessed value. What is the fee to register a truck with an assessed value of $14,500?
f = .015 × $14,500
The fee is $217.50
fee = percent × whole
f = $217.5
Whiteboard time
Find the commission on a $3,200 sale with a rate of 6%.
c = .06 × $3,200c = $192
commission = commission rate × sales
The commission is $192
Whiteboard time
Suppose you earn a weekly salary of $800 plus a commission of 3.5% on all sales. Find your earnings for a week with total sales of $1,400.
c = .035 × $1400
t = $800 + $49
The total earnings are $849
commission = commission rate × sales
c = 49
total earnings = salary + commission
Whiteboard time
All states charge a fee for using cell phones. In one state, the fee is 1.14% of the bill. What is the monthly fee for a $39.00 bill?
f = .4446
f = .0114 × $39
fee = percent × whole
The fee is $0.44