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  1. 1. 6.9 markup and discount January 19, 2012 Bellwork 1. What is 75% of $82? 2. What is 5.5% of $24? Objective: find markups and discountsHW pg. 331 #2­20 evens 1
  2. 2. 6.9 markup and discount January 19, 2012 To make a profit, stores charge more for merchandise than they pay for it. The amount of increase is called the markup. The percent of increase is the percent of markup. A music stores percent of markup is 67%. A CD costs the store $10.15. Find the markup. markup = percent of markup stores cost A clothing store pays $56 for a jacket. The stores percent of markup is 75%. Find the markup for the jacket.HW pg. 331 #2­20 evens 2
  3. 3. 6.9 markup and discount January 19, 2012 The stores cost plus the markup equals the selling price. A computer store pays $6 for a computer mouse. The percent of markup is 75%. Find the mouses selling price.HW pg. 331 #2­20 evens 3
  4. 4. 6.9 markup and discount January 19, 2012 A $5 cap has a 70% markup. Find the selling price.HW pg. 331 #2­20 evens 4
  5. 5. 6.9 markup and discount January 19, 2012 When an item goes on sale the amount of the price decrease is the discount. The percent of decrease is the percent of discount. Sale price = regular price - discount price. Athletic shoes that regularly sell for $85.99 are on sale for 20% off. Find the discount. Pants priced at $21.99 are marked 15% off. Find the discount.HW pg. 331 #2­20 evens 5
  6. 6. 6.9 markup and discount January 19, 2012 A video game that regularly sells for $39.95 is on sale for 20% off. What is the sale price?HW pg. 331 #2­20 evens 6
  7. 7. 6.9 markup and discount January 19, 2012 HW pg. 331 # 2-20 evensHW pg. 331 #2­20 evens 7

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