coupons and rebates pp. 241-242 6-5 section. click to edit master text styles second level third...

Coupons and Rebates pp. 241-2426-5SECTIONSECTION

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Copyright © Glencoe/McGraw-Hill MBA, Section 6-5, Slide 2 of 12

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Section ObjectiveSection ObjectiveWork out:

• final price after using a coupon or rebate

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Copyright © Glencoe/McGraw-Hill MBA, Section 6-5, Slide 3 of 12

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coupons (p. 241)

Discounts offered by businesses in the form of tickets that are redeemed at the time of purchase.

rebates (p. 241)

Discounts offered by businesses in the form of money given back to the customer, usually through the mail.

Key Words to KnowKey Words to Know

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Copyright © Glencoe/McGraw-Hill MBA, Section 6-5, Slide 4 of 12

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Final Price = Total Selling Price – Total Savings

Formula Formula

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Copyright © Glencoe/McGraw-Hill MBA, Section 6-5, Slide 5 of 12

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Sifting through the Gently Used p. 241Sifting through the Gently Used p. 241

How much does the college student save on the bookcase? What is the college student’s total bill?

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Copyright © Glencoe/McGraw-Hill MBA, Section 6-5, Slide 6 of 12

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Gus Senton purchased a heavy-duty nailer for $249.00 and a compressor for $349.00. He had a coupon for $50 off.

What is the final price of the items?

Example 1Example 1

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Copyright © Glencoe/McGraw-Hill MBA, Section 6-5, Slide 7 of 12

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Step: Find the final price.

Total Selling Price – Total Savings

($249 + $349) – $50 =

$598 – $50 = $548

Example 1 AnswerExample 1 Answer

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Copyright © Glencoe/McGraw-Hill MBA, Section 6-5, Slide 8 of 12

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A frozen yogurt costs $2.49. You have a 75¢-off store coupon that you clipped out of your school newspaper.

What is the final price of your frozen yogurt?

Practice 1Practice 1

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Copyright © Glencoe/McGraw-Hill MBA, Section 6-5, Slide 9 of 12

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$1.74

Practice 1 AnswerPractice 1 Answer

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Copyright © Glencoe/McGraw-Hill MBA, Section 6-5, Slide 10 of 12

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An e-book with a monochrome touch screen can store up to eight novels. It sells for $149.00. A manufacturer’s rebate is available for $25.

What is the final price?

Practice 2Practice 2

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Copyright © Glencoe/McGraw-Hill MBA, Section 6-5, Slide 11 of 12

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$124.00

Practice 2 AnswerPractice 2 Answer

Coupons and Rebates6-5END OF SECTIONEND OF SECTION