
12/6 Tax, Tips, Discount Lesson
Presentation
•
Mathematics
•
8th Grade
•
Practice Problem
•
Medium
Standards-aligned
Samantha Ratliff
Used 15+ times
FREE Resource
11 Slides • 5 Questions
1
Tax, Tips, Discounts Lesson
by Samantha Ratliff
2
Open Ended
Answer the following four questions in your own words:
1. What is tax?
2. What is a tip?
3. What is a discount?
4. What is a markup?
3
Tax, Tip, Discounts, Markups!
All four of these things impact how much you will pay for something.
Taxes, Tips, and Markups will increase your price (makes you pay extra).
A discount decreases your price (saves you money).
4
Example...1
Mrs. Ratliff is holiday shopping at Target.
Her subtotal is $205.60
The tax rate is 5.3%
How much will she pay in tax?
How much is the final cost?
5
Example...2
You go out to eat at Outback.
The bill is $58.65.
You decide to leave a tip of 15% for the server.
How much is the tip?
How much is the total bill?
6
Example...3
Destiny wants to buy a scarf.
The original price of the scarf is $26
The scarf is on sale for 20% off the original price.
How much did she save?
How much will it cost?
7
Example...4
To make a small cheese pizza at Papa John's:
$0.60 for the cheese
$0.24 for the dough
$0.05 for the sauce
Papa John's then marks up the price by about 798.9%!!!
How much money does Papa John's make off of every small cheese pizza?
How much does a small cheese pizza cost you, the consumer?
8
You pay $35 for a new wireless charger. The tax is 5%. What is the cost after tax?
Do we need to find the total amount or just the tax?
Set it up in your notebooks and solve.
9
Multiple Choice
You go to a different store and see a charger for $33! You go to checkout but the tax is 12%. Is this a better deal?
Yes
No
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The discount on a new phone case is 60% off its original price of $15. How much will you save?
Do we need to find the total amount or just the discount?
Help me set it up: (write this in your notebooks)
11
An iPhone is on sale for 12% off the original price of $999. What is the sale price of the iPhone?
Do we need to find the total amount or just the discount?
Help me set it up: (write this in your notebooks)
12
Multiple Choice
Your Cheddar's bill is $28.14. You leave an 18% tip. How much did the server get as a tip?
$28.14
$156.33
$506.52
$5.07
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Apple orders airpods for $50 and then increases the price by 30%. How much do they cost to you, the consumer?
What is different about this problem?
Help me set it up: (write this in your notebooks)
14
Multiple Choice
What are the steps to solve this problem?
Kyle bought a hamster on sale 25% off.
If the hamster originally sold for
$12, what was the sale price?
1. find 25% of 12.
2. add it to 12
1. find 25% of 12.
2. subtract it from 12
1. find 12% of 25
2. add it to 12
1. find 12% of 25
2. subtract it from 12
15
Multiple Choice
Kyle bought a hamster on sale 25% off.
If the hamster originally sold for
$12, what was the sale price?
$18
$9
$10
$11
16
For the rest of class...
ixl: SPN (tax, tip, discount problems)
COPY DOWN THE SETUP ON NOTEBOOK PAPER TO TURN IN
smartscore goal of 72
Tax, Tips, Discounts Lesson
by Samantha Ratliff
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