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Understanding Commissions and Taxes in 8th Grade Math: Vocabulary and Applications

This educational resource focuses on key concepts in 8th grade math related to commissions and taxes. Explore how to calculate commission amounts using real-world examples, such as determining Karina's commission on a television sale or Josh's total pay with salary and commission. The guide delves into finding commission rates and selling prices through percent equations and proportions, ensuring students grasp essential vocabulary and applications in practical scenarios. Perfect for enhancing math skills and understanding financial literacy.

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Understanding Commissions and Taxes in 8th Grade Math: Vocabulary and Applications

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  1. Commissions & Taxes 8th Grade Math

  2. Vocabulary Percent Applications Hangman

  3. Commission /Tax Amount • To find commission amount: • Commission = commission rate x total sales Karina works in an appliance store. She is paid 5% commission on all appliances she sells. What is her commission on the sale of a $369 television?

  4. Total Pay/ Total cost • Many salespeople are paid a salary plus commission for the items they sell. • To find the TOTAL PAY: • Total pay = commission + salary • Josh earns a weekly salary of $300 and a 6% commission on his sales. Last week, his sales totaled $3500. How much was his paycheck?

  5. Commission Rate/ Tax Rate • There are two ways to find a commission rate. • 1) Set up a percent equation. • What percent of (sales) = (commission) • 2)Set up a proportion. • Commission/sales = Commission rate/100 The commission on a sale of a $1150 cameral is $69. What is the commission rate?

  6. Selling Price/ Sales • To find the selling price of an item: • 1) Writing a percent equation. Solve • 3 ½ % of what number is 15.75? • Write a proportion. Solve. • 3.5/1oo = 15.75/n • (Percent/hundred percent = commission/price of item) • The commission rate at a teen clothing store is 15%. Stacey earned $12 in commissions on a sale of a pair of jeans. What is the selling price of the jeans?

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