Warm Up

26
Applications of Percents 6-5 Warm Up Warm Up Lesson Presentation Lesson Presentation Problem of the Day Problem of the Day Lesson Quizzes Lesson Quizzes

description

Warm Up. Problem of the Day. Lesson Presentation. Lesson Quizzes. Warm Up Estimate. 1. 20% of 602 2. 133 out of 264 3. 151% of 78 4. 0.28 out of 0.95. Possible answers:. 120. 50%. 120. 30%. Problem of the Day - PowerPoint PPT Presentation

Transcript of Warm Up

Applications of Percents6-5

Warm UpWarm Up

Lesson PresentationLesson Presentation

Problem of the DayProblem of the Day

Lesson QuizzesLesson Quizzes

Applications of Percents6-5

Warm UpEstimate.

1. 20% of 602

2. 133 out of 264

3. 151% of 78

4. 0.28 out of 0.95

120

50%

120

30%

Possible answers:

Applications of Percents6-5

Problem of the Day

A clothing outlet has a storewide clearance of 10% off all items. In addition, there is a “buy two, get one free” sale on a set of shirts of equal price. What is the total percent price reduction if you buy 3 shirts?

40%

Applications of Percents6-5

Learn to find commission, sales tax, and percent of earnings.

Applications of Percents6-5

Vocabulary

commissioncommission rate

Applications of Percents6-5

Salespeople often work for commission. A commission is a fee paid to a person who makes a sale. It is usually a percent of the selling price. This percent is called the commission rate.

Often salespeople are paid a commission plus a regular salary. The total pay is a percent of the sales they make plus a salary.

commission ratecommission rate salessales = commissioncommission

Applications of Percents6-5

A real-estate agent is paid a monthly salary of $900 plus commission. Last month he sold one condominium for $65,000, earning a 4% commission on the sale. How much was his commission? What was his total pay last month?

Additional Example 1: Multiplying by Percents to Find Commission Amounts

First find his commission.

4% $65,000 = c commission rate sales = commission

Applications of Percents6-5

0.04 65,000 = c Change the percent to a decimal.

Additional Example 1 Continued

2600 = c Solve for c.

He earned a commission of $2600 on the sale.

Now find his total pay for last month.

$2600 + $900 = $3500 commission + salary = total pay.

His total pay for last month was $3500.

Applications of Percents6-5

A car sales agent is paid a monthly salary of $700 plus commission. Last month she sold one sports car for $50,000, earning a 5% commission on the sale. How much was her commission? What was her total pay last month?

Check It Out: Example 1

First find her commission.

5% $50,000 = c commission rate sales = commission

Applications of Percents6-5

0.05 50,000 = c Change the percent to a decimal.

Check It Out: Example 1 Continued

2500 = c Solve for c.

The agent earned a commission of $2500 on the sale.

Now find her total pay for last month.

$2500 + $700 = $3200 commission + salary = total pay.

Her total pay for last month was $3200.

Applications of Percents6-5

Sales tax is the tax on the sale of an item or service. It is a percent of the purchase price and is collected by the seller.

Applications of Percents6-5

If the sales tax rate is 6.75%, how much tax would Adrian pay if he bought two CDs at $16.99 each and one DVD for $36.29?

Additional Example 2: Multiplying by Percents to Find Sales Tax Amounts

CD: 2 at $16.99 $33.98

DVD: 1 at $36.29 $36.29

$70.27 Total Price

0.0675 70.27 = 4.743225 Write the tax rate as a decimal and multiply by the total price.

Adrian would pay $4.74 in sales tax.

Applications of Percents6-5

Check It Out: Example 2

Amy stays in a hotel for $45 per night. She stays for two nights and pays a sales tax of 13%. How much tax did she pay?

$45 2 = $90 Find the total price for the hotel stay.

$90 0.13 = $11.70 Write the tax rate as a decimal and multiply by the total price.

Amy spent $11.70 on sales tax.

Applications of Percents6-5

Anna earns $1500 monthly. Of that, $114.75 is withheld for Social Security and Medicare. What percent of Anna’s earnings are withheld for Social Security and Medicare?

Additional Example 3: Using Proportions to Find the Percent of Earnings

Think: What percent of $1500 is $114.75?

Set up a proportion.114.75 1500

n100

=

n 1500 = 100 114.75 Find the cross products.

Applications of Percents6-5

Additional Example 3 Continued

n = 7.65

7.65% of Anna’s earnings is withheld for Social Security and Medicare.

11,475 1500

n =

1500n = 11,475 Divide both sides by 1500.

Simplify.

Applications of Percents6-5

BJ earns $2500 monthly. Of that, $500 is withheld for income tax. What percent of BJ’s earnings are withheld for income tax?

Check It Out: Example 3

Think: What percent of $2500 is $500?

Set up a proportion. 500 2500

n100

=

n 2500 = 100 500 Find the cross products.

Applications of Percents6-5

Check It Out: Example 3 Continued

n = 20

20% of BJ’s earnings are withheld for income tax.

50000 2500

n =

2500n = 50,000 Divide both sides by 2500.

Simplify.

Applications of Percents6-5

A furniture sales associate earned $960 in commission in May. If his commission is 12% of sales, how much were his sales in May?

Additional Example 4: Dividing by Percents to Find Total Sales

Think: $960 is 12% of what number?

Let s = total sales

960 = 0.12 s Set up an equation.

9600.12

= s Divide each side by 0.12.

8000 = s

The associate’s sales in May were $8000.

Simplify.

Applications of Percents6-5

A sales associate earned $770 in commission in May. If his commission is 7% of sales, how much were his sales in May?

Check It Out: Example 4

Think: $770 is 7% of what number?

Let s represent total sales

770 = 0.07 s Set up an equation.

7700.07

= s Divide each side by 0.07.

11,000 = s Simplify.

The associate’s sales in May were $11,000.

Applications of Percents6-5

Standard Lesson Quiz

Lesson Quizzes

Lesson Quiz for Student Response Systems

Applications of Percents6-5

Lesson Quiz: Part I

1. Every month, Gillian makes $1600 plus an 8.9% commission on sales. If her sales last month totaled $18,400, what was her total pay?

2. The sales tax is 5.75%, and the shirt costs $20. What is the total cost of the shirt?

3. Sheridan has a yearly income of $39,650, and he is advised to invest $4500 every year. What percent of his income should he invest, to the nearest tenth of a percent?

$21.15

$3237.60

11.3%

Applications of Percents6-5

Lesson Quiz: Part II

4. If you earn a 4% commission, how much would your total sales have to be to make a commission of $115? $2875

Applications of Percents6-5

1. Vito works at a supermarket. He earns a weekly salary of $500 plus 5% commission on sales. His sales last week totaled $3600. What was his total pay last week?

A. $525

B. $680

C. $725

D. $880

Lesson Quiz for Student Response Systems

Applications of Percents6-5

2. Arnold bought an MP3 player. If the sales tax is 8%, and the MP3 player costs $74, what is the total cost of the MP3 player?

A. $86.25

B. $82.75

C. $79.92

D. $78.75

Lesson Quiz for Student Response Systems

Applications of Percents6-5

3. Marcus earns $30,000 yearly. Of that, he spends $3250 on clothes every year. What percent of his earnings are spent on clothes to the nearest tenth of a percent?

A. 5.7%

B. 7.4%

C. 9.1%

D. 10.8%

Lesson Quiz for Student Response Systems

Applications of Percents6-5

4. Jim works in an automobile showroom. He earns 5% commission on the sale of a car. If he earned $1750 as commission, what is the price of the car?

A. $35,000

B. $40,000

C. $42,000

D. $45,500

Lesson Quiz for Student Response Systems