Here are examples of percent problems that deal with buying
items.
EXAMPLE 1:
A Tommy Hilfiger sweater costs $79.99 and
there is a sales tag attached to the sweater saying that it is 25% off. In
addition to that, there is a special in the store today. The special says that
the store will pay the tax (15%) for any item(s) purchased today. What percent
is the buyer saving from the original price of $79.99? In other words, what is
the percent decrease in price?
The sweater would normally cost $79.99 plus tax, which is
$79.99 + ($79.99 x 15%) = $79.99 + $12.00 = $91.99. On sale, the sweater costs
$79.99 (25% x original price) + no tax = $79.99 ($79.99 x 25%) +
0 = $79.99 $20.00 = $59.99.
By buying the sweater on this particular day, you would save
$32 ($91.99 $59.99). This would be a percent decrease of 34.8% (32
÷ 91.99 x 100%).
This is a good type of question to show that you cannot simply
add the two given percentages (that is, 40% = 25% + 15%) to get the results; if
that had been the case, then the sweater would cost $47.99 ($79.99 ´
40%).
EXAMPLE 2:
George wants to buy a pair of Ikeda
jeans. Both Jeans Experts and Bootlegger sell the jeans that he wants. The
jeans are ticketed at both stores as costing $64.99, however at both stores,
the jeans are on sale. Bootlegger has the jeans for 15% off the ticketed price
while Jeans Experts is going to pay the sales tax of 15%. At which store should
George buy his jeans?
At Jeans Experts, you would pay $64.99 (you would save $9.75,
because $64.99 x 15% = $9.75). At Bootlegger, you would pay $63.53 (you would
save $11.21; $64.99 + $9.75 [tax]) x 15% = $11.21).
Although it may appear that the jeans should be the same price
at both stores, that is not the case. George will get his jeans for a better
price at Bootlegger. Be very careful - things are not always as they
appear.
EXAMPLE 3:
Marjorie is at a store and the sign says
30% off. The dress she wants is $79.99 at the regular price. What one
calculation can she do to find the sale price?
If a price is reduced by 30%, the actual price is 70% of the
original cost, so she can calculate $79.99 x 70% = $55.99. This is simpler than
calculating 30% and then subtracting from the full price.