# Calculating Percents

### Taxes,Tips,Discounts,Mark ups,and Commission by Katlynn Knox

In class we are studying percentage. The type of Percents we are studying are taxes,tips,discounts,Mark ups,and commission.

## Taxes,tips,and Mark ups!

Taxes tips and Mark ups are alike in a way. They are all a percent added to the original amount.

## Discounts

Everyone likes discounts right? Well discounts are a certain amount of money taken off the original amount. The discount is the amount of money you save!

## Commission

Commission is money someone makes off of a sale.It is a percent of a number. A car salesman makes commission.

## Example of taxes and tip.

I am going to Applebee's. My favorite place to go.

I ordered a steak well done and a Pepsi. The total was \$ 8.75. The tax in Summit county is 6.75% so the tax was \$0.59. With tax, the bill was \$9.34. The steak was just how I wanted it so I left the waitress \$2.15 a 23% tip. The total bill was \$11.67.

## Example of discount

JC Penny is having an sale on my favorite pants. The pants are 50% off. The original cost is \$85.99. The cost of the pants after the sale is \$43 without tax.

## Example of commission

My uncle works at a car dealership. All the money he makes is commission. He earns a 30% commission on his sales each day. At the end of the week,he sold a car for \$30,299. He had made \$9,098.70 by the end off the week.

## Example of markup

At the Apple Store, they are running low on iPhone 6's. The demand is very high at the moment. So the original price was \$300. The people at Apple did a 20% markup. That means the iPhone 6 is now \$360.