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Chapter 2.5 - Consumer Math
and Commissions
Consumer Math... what is that?
Consumer Math is made up of practical math skills used in everyday life. Tax, tips, sales and mark ups would be examples of consumer math.
Some vocabulary you will want to be familiar with so this assignment is easier to understand is...
Tax - additional money paid to the government on sold goods
Tip - additional money paid for a service provided
(a waitor or a waitress earns money by receiving tips)
Mark up - the amount of money a store will "mark up" the price of a good
(for example, if a store buys a chair for $50 and sells it for $75, the mark up is $25)
Percents - calculate tax, tip, mark-up, and more (6th Grade)
Lesson #1 Video Assignment
Ch 2.5 - Commission jobs
Lesson #2 Video Assignment
Read below
Commission - a salesperson gets a percentage of the money they make a company, that percentage is called a commission
Go online and find three jobs that are paid (at least in part) by commission.
Email me your findings.
In the subject line, please put "commission job".
Percent of a number: tax, discount, and more
Lesson #3 Video Assignment
If you thought that video was easy to understand, watch this short video to learn about a short cut that will make accomplishing the lesson even easier.
If you understood that concept, use it. If you aren't quite sure about it, forget it. :)
70 is considered full credit on this assignment. You may stop at 49.
Multi-step problems with percents
Lesson #4 Video Assignment
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