section 7.5. 1. 2.5% of what number is 75? 2. what percent of 25 is 4? 3. if you buy a shirt that...

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Section 7.5

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Page 1: Section 7.5. 1. 2.5% of what number is 75? 2. What percent of 25 is 4? 3. If you buy a shirt that was originally $45 but it is on clearance for 25% off,

Section 7.5

Page 2: Section 7.5. 1. 2.5% of what number is 75? 2. What percent of 25 is 4? 3. If you buy a shirt that was originally $45 but it is on clearance for 25% off,

1. 2.5% of what number is 75?

2. What percent of 25 is 4?

3. If you buy a shirt that was originally $45 but it is on clearance for 25% off, what is your total? (Assume no sales tax!)

75whole

2.5100= Whole = 3,000

425

x100= x =16%

$45 x .25 = $11.25$45 – 11.25 = $33.75

Page 3: Section 7.5. 1. 2.5% of what number is 75? 2. What percent of 25 is 4? 3. If you buy a shirt that was originally $45 but it is on clearance for 25% off,

Or think

percent

100

Amount of change

Original amount=

Page 4: Section 7.5. 1. 2.5% of what number is 75? 2. What percent of 25 is 4? 3. If you buy a shirt that was originally $45 but it is on clearance for 25% off,

Wholesale price: the price that the store pays for an item

Retail price: the price that you (the consumer) pay for the item

Mark-up rate: the % that an item increases in value

Discount rate: the % that an item decreases in value.

Page 5: Section 7.5. 1. 2.5% of what number is 75? 2. What percent of 25 is 4? 3. If you buy a shirt that was originally $45 but it is on clearance for 25% off,

The wholesale price is $84 and the markup rate is 12.5%. What is the retail price?

percent

100

Amount of change

Original amount=

12.5

100

x - $84

$84=

$1050= 100(x - 84)$1050= 100x – 8400 $9450 = 100x x =

$94.50

Page 6: Section 7.5. 1. 2.5% of what number is 75? 2. What percent of 25 is 4? 3. If you buy a shirt that was originally $45 but it is on clearance for 25% off,

The wholesale price is $84 and the markup rate is 12.5%. What is the retail price?

$84 * .125 = $10.50

$84.00 + 10.50 = $94.50

Page 7: Section 7.5. 1. 2.5% of what number is 75? 2. What percent of 25 is 4? 3. If you buy a shirt that was originally $45 but it is on clearance for 25% off,

Find the sale price when the original price is $84 and the discount rate is 12.5%.

$84 * .125 = $10.50

$84.00 – 10.50 = $73.50