3.2 Incentives to Buy: Pages 66 - 73

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TODAY'S AGENDA: We are learning incentives to buy.

1) Watch the video below.
2) Research some incentives online and upload on the padlet below. 
3) Look at the examples below and complete pages 67, 68, 71, 72, and 73.

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INCENTIVES  are anything that a seller does to make purchasing an item seem more appealing to the customer.

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A- Determining sale prices: Using a regular calculator

Method 1: You can determine sale prices by finding the percent remaining after the discount is taken.

Example
A purse that regularly sells for $149 is on sale today for 30% off of the regular price. 
What is the sale price before tax?

Solution
The percent of the price that remains is 100% - 30% = 70% 
You will only pay 70% of 149 which is 149 x 70 : 100 = $104.30

Regular Price                     Sale Price (30% off)
    $149                                $104.30

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Method 2: You can determine sale prices by subtracting discount amount from the regular price.

Example
A backpack that regularly sells for $29 is on sale today for 30% off of the regular price. 
What is the sale price before tax?

Solution
Amount taken off original price is 
30% of $29 = 29 x 30 : 100
                      = $8.70

Sale Price = Regular Price - Discount amount ($)
                    = $29 - $8.70
                    = $20.30

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B - Determining sale prices: Using a tip calculator (app)

Example
A novel that regularly sells for $35 is on sale today for %40 off of the regular price.
What is the sale price before tax?

Solution
Enter the regular price in the tip box and "- 40" in the tip box.

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QUESTION
A pair of shoes that regularly sells for $129 is on sale today for 25% off of the regular price. What is the sale price before tax?

Tip Calculator
Bill:
Tip: %

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1) What is the sale price before tax?

2) What is the sale price after tax?