7th Math Unit 4 Day 8 - 4/17

Last updated over 1 year ago
5 questions
IP
Objective and Summary:
SWBAT use equations and double number lines to solve markup problems
1

Branding--A pair of unbranded sunglasses costs $40. Since their brand name is really popular, Ray-Bans can take these regular sunglasses and mark up the wholesale price by 375% after they add their logo.

What is the final price after the markup?

CFS:
#1: Accurately identifies quantity, percent, and whole
#2: Accurately labels double number line
#3: Accurately solves equation for missing value

1

Math Business--It costs Mancini Mart $25 to buy calculators from the company Casio. They sell the calculators at a 65% markup rate.

What is the retail (final) price of the calculators?

CFS:
#1: Accurately identifies quantity, percent, and whole
#2: Accurately labels double number line
#3: Accurately solves equation for missing value

1

New Box--Diego wants to get an Xbox Series S. They are usually $300 but they are hard to find at that price. Diego finds a post on ebay where he can get one for $480 shipped the next day.

By what percent did the seller on ebay markup the price?

CFS:
#1: Accurately identifies quantity, percent, and whole
#2: Accurately labels double number line
#3: Accurately solves equation for missing value

1

Profit--Diamond jewelry is often marked up a lot. A jewelry store may get a diamond engagement ring for $780 at wholesale prices but be able to sell it at a 275% markup.

What would the retail price be?

CFS:
#1: Accurately identifies quantity, percent, and whole
#2: Accurately labels double number line
#3: Accurately solves equation for missing value

Continue working on percents in IXL or any recommended skills!
**Do NOT move onto the Exit Ticket until the entire class does**
ET
4

Business--Mancini's GameWorld buys the Nintendo Switch directly from the factory in Japan for $220. When they sell to customers, the markup rate is 45%.

What is the retail (final) price after the markup?

"The retail price is..."

**You MUST SYW for full credit**

CFS:
#1: Accurately identifies quantity, percent, and whole
#2: Accurately labels double number line
#3: Accurately solves equation for missing value