AIM: How can we find percents of numbers?
HW: Enjoy your weekend
Do Now: From yesterday - A pair of sneakers originally cost $120. They are on sale for 25% off the original price. If you buy the sneakers in NYC where the tax rate is 8.875%, how much will you pay for the sneakers after the discount, tax included. Show all work.
We conducted "My Favorite No" using three responses from yesterday's question. Students discussed what they thought was good/bad about each solution.
Classwork: We extended our knowledge of percents to markup. Markup is an amount that is added to the cost of an item. This principle is essential to the retail business. We used methods from earlier in the week, such as proportions and percent-to-decimal multiplication to find the markup, and add it to the cost of the item.
Part/Whole = %/100, where Whole is the amount of the item(s) and the Part is the portion of the whole (tax, discount, markup, etc).