Module 8
1. Module 8
1.11. Page 6
Module 8: Daily Living
Lesson Summary
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If you are interested in a career in retail, one of the mathematical skills you will need is working with percent. You will need to determine appropriate selling prices by calculating the mark-up required to pay for business expenses and provide for profits. During sales, you will have to calculate discounts.
In this lesson you explored this question:
How are percentages used to calculate discounts, mark-ups, and sales taxes?
Check your level of understanding of the materials covered in this lesson by completing “Lesson 2 Traffic Lights.” If you select an amber or red traffic light in the multimedia piece, you will receive information about additional work you can complete to improve your understanding of the topics.
Complete the suggested work before you proceed to the Lesson 2 Assignment. If you experience difficulty, contact your teacher before starting the Lesson 2 Assignment.
In this lesson you analyzed selling prices after applying either a dollar or percent increase or decrease.
Assignment
Retrieve the Lesson 2 Assignment Booklet you saved in your course folder at the start of this lesson. Complete the Assignment Booklet.
Resave your Assignment Booklet in your course folder and submit a copy to your teacher for assessment.
Unit 4 Project
Have you given some more thought to the Unit 4 Project? One of the possibilities is a career in sales or retail. In these areas, your ability to handle percents is a critical skill. For more information about this step and later steps of the task, review the Unit 4 Project.