Types of percents
Mattie Allen
Taxes,tips,and markups
Taxes,tips,and markups are found by finding a percent of a number then adding it to the original number.It is and addition to the final amount.
Discounts
Discounts are when you find a percent of a number and subtract it from the original amount.the discount is how munch money you saved total.
Examples of tips:
My family went to red robin and we paid $50.00 for all of us .we tipped the waiter $10.00 .we tipped him $10.00 because we tipped 20%.
Example of taxes :
I went Christmas shopping and bought a bottle of perfume .It cost $43.00. The tax in summit county is 6.75%.My tax cost would be $2.90.So my total cost is $45.90.
Examples of discount:
I went to target and got a pair of sweatpants. They cost $13.72(tax included). I had a 60% coupon and the total cost of the sweatpants was $5.49.the total discount I had was $5.49
Examples of Mark-Ups
I went to Walmart and I wanted to buy a life jacket. It was $56.00. Idecided to go back a week later to buy it and they markes it up by 25%.the cost now is $70.00.
Example of Commission:
My dad works at a car dealership and when he sell ps a car that is $10,000.000 he gets $1,000.000 . So he gets 10% commision.
Commission
Commission is the amount that someone makes off a sale.Acommission is found by finding the percent of a number.