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Jan. 9, 2015
- S-Sit and organize materials for the lesson… Get your journal, Springboard book and a sharpened pencil.
- E-Examine and follow teacher’s directions… On your next blank page, write today’s date at the top. Title this page ~ Taxes, Tips and Commissions
- T-Take the challenge! Write the CQ in journal below the title: Challenge Question : What is the difference between tax, tip and commission?
SET-UP (Activate Prior Knowledge & Connect to Challenge Question) Noise level 0
Use your previous knowledge to answer the CQ in your journal.
Lesson 11-1 Homework
Answers
Taxes, Tips and
Commissions
Sales Tax, Tip and Commission
- Sales Tax – Percentage of the cost of a good or service paid to a seller. ( added to the total cost of the bill)
- Tip - a gratuity or a voluntary additional payment made for a service.
- Commission - The amount of money that an individual receives based on a percentage
of sales he or she has obtained. ( added to
their total salary)
Calculating Sales Tax
Total Cost Including Tax
Finding Sales Tax and Tip
- At a restaurant, you order a meal that costs $8.
You leave a 15% tip. The sales tax is 6%. What is the total cost of the meal?
Steps:
Find the tip.
Find the sales tax.
Add the bill, tip, and tax.
15% ∙ 8
6% ∙ 8
The total cost is $9.
**You multiply $8 by.
**You multiply $8 by.
= $1.
= $0.
- Complete the Math Café Menu exercise with your partners.
- You have 25 minutes
Learning Together Noise level 2
All beverages cost $1. (not including tax) with free refills
Wrap-up
W - Write homework assignment in planner (complete Lesson 11-2 Practice #s 5-13 on
pg. 120, due next class period)
R - Return materials and organize supplies
A -Assess how well you worked in a group or individually
Did I/we maintain operating standards? Did I/we work toward learning goals? Did I/we complete tasks?
P - Praise one another for high quality work: Tickets for a “P” performance overall
Noise level 0
