Warm Up Joe can run an 800 m

Warm Up Joe can run an 800 m race in 2 minutes. How long 
would it take him, in minutes and seconds, to run a 
 1500 m race, assuming that he can maintain the same 
speed. *Ratios, Rates, and Unit Prices Quiz tomorrow!*

 Geometry, Measurement and Finance 10 Unit 1: Unit Pricing and Currency Exchange Specific Outcomes: N 1 - Solve problems that involve unit pricing and currency exchange, using proportional reasoning. A 1 - Solve problems that require the manipulation and application of formulas related to: perimeter, area, volume, capacity, the Pythagorean theorem, primary trigonometric ratios, income. currency exchange, interest and finance charges.

Homework Issues? ? ? Check p. 32 -33 #1 -7

So far, we have learned. . . how to solve one, two and multistep equations how to solve proportions (cross multiply) how to set up proportions, ratios and rates how to calculate unit costs, prices how to compare deals how to calculate percents of a number

Today, we focus on: SALES and DISCOUNTS

Calculating Sale Price Mr. Gormley needs to purchase a new frying 
pan. He has waited for a sale on the Heritage 
cast-iron lite cookware. The frying pan was originally $59. 99 and is now discounted 
 75%. How much is the frying pan if Mr. Gormley 
purchases it in Fredericton, NB, where the 
HST is 15%? Method 1  Method 2 Tax

In the workplace:

Example 2 Jonas needs to buy a new winter jacket. He has waited for a 
sale, and a jacket that originally cost $249. 95 is now 
discounted 20%. How much will the jacket cost if Jonas lives in Nova Scotia, 
where HST is 15%?

Your Turn A fisherman sells fresh clams, live lobster, and tuna at the 
dock in Summerside, Prince Edward Island, directly to 
customers on Saturdays and Sundays. As the weekend winds 
down, he needs to sell off his stock, otherwise it will spoi He has a sale! He offers 20% off all his prices. Lobster is regularly $15. 00/kg and clams are $14. 00/kg. At a 20% discount, what is the price of 3 kg of lobster? How much would 500 g of clams cost?

Calculating Percent Off While looking through the flyers this 
week, Travis noticed a that a 32" LCD TV was on sale for $279. 99. If he saves $50, what is the percent 
discount on the TV? Percent Discount = amount off  riginal price x 100%

Your Turn This week at Walmart, Hershey's 
multipacks are on sale for $2. 50. If 
the original price was $3. 78, what is 
the percent discounted? $2. 50/each Was $3. 78

Independent Practice: Page 37 - 38 #1 -3, 5, 6 Extend your thinking #4, 7 *Due Tuesday! *Ratios, Rates, and Unit Prices Quiz tomorrow!*

Exit Slip: 8. You plan to sell imported cheese in your butcher shop and need to set a price. If the wholesale price you pay for a 10 kg wheel of medium Dutch Gouda is $175. 00, what is the price for 250 grams if you sell it at cost? a) What factors will you consider in setting the retail price? b) If you decide on a markup of 40%, what would 250 g of  heese cost? c) If you found that your supply of Gouda exceeded the demand for it, you might decide to offer a 15% discount off the regular price. What would a customer now pay for   50 g? d) At the discounted price (15% off), would you still be making   profit?