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Prices Involving Discounts

Determine the value of a number that has been reduced by a given percentage.

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A Bridal Bargain

Credit: Jessica Quirk
Source: http://www.flickr.com/photos/midwestjess/5023467695/
License: CC BY-NC 3.0

Have you ever purchased something on sale? You can find discounts almost anywhere, and many people wait and wait for a sale so they can save money buying something that they have wanted for a long time. There are many big sales events out there, but have you ever heard of the "Running of the Brides"?

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Though it sounds like a wedding-themed road race, the Running of the Brides was actually a race for bargains! Filene's Basement was the name of a famous department store that started in Boston, Massachusetts. The chain specialized in high-end, expensive clothing and home goods. However, the store came to be known for an item it only carried once or twice a year: wedding gowns.

Credit: Wonderlane
Source: http://www.flickr.com/photos/wonderlane/4280179172/
License: CC BY-NC 3.0

Beginning in 1947, Filene's Basement decided to offer brides-to-be a day of tremendous sales. In recent years, the store's staff prepared for the sale by assembling a collection of more than a thousand wedding gowns from designer labels and bridal salons, originally priced anywhere from $900 to upwards of $9,000. On the day of the sale, the store opened its doors to crowds of eager brides, each hoping to find the dress of her dreams at a bargain price. The gowns were sold on a first-come, first-served basis. And the discounts were incredible! During the Running of the Brides, brides would save an average of about 50% off of the retail price for a gown. So a gown that retailed for $1,000 could be purchased for about $500. If you were a bride, it was definitely a race worth running.

See for yourself: http://www.filenesbasement.com/running-of-the-brides/faq

http://www.youtube.com/watch?v=KpadOdIYksM

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Play the games at the links below to practice figuring out discounts and using percents at the mall.

http://www.mathplayground.com/mathatthemall2.html

http://www.mathplayground.com/percent_shopping.html

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    Image Attributions

    1. [1]^ Credit: Jessica Quirk; Source: http://www.flickr.com/photos/midwestjess/5023467695/; License: CC BY-NC 3.0
    2. [2]^ Credit: Wonderlane; Source: http://www.flickr.com/photos/wonderlane/4280179172/; License: CC BY-NC 3.0

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