8.CE.1 Consumer Math Vocab Flashcards

Front

Discount

Back

An amount SUBTRACTED from the original price to determine the selling price. Also known as a markdown.

Tags

CCSS.6.RP.A.3C

Front

Markup

Back

An amount ADDED to the original price to determine the selling price. This is used to make a profit.

Tags

CCSS.6.RP.A.3B

Front

Tax

Back

An amount ADDED to the original price of a product. Money is used to fund education, health care, etc.

Tags

CCSS.HSF.LE.B.5

Front

Tip (gratuity)

Back

An amount ADDED to the original price of a service.

Tags

CCSS.6.RP.A.3C

Front

Percent Increase

Back

When the new number is BIGGER than the original number, you will have a percent INCREASE!

Tags

CCSS.6.RP.A.3C

Front

Percent Decrease

Back

When the new number is SMALLER than the original number, you will have a percent DECREASE!

Tags

CCSS.6.RP.A.3C

Front

Proportional

Back

Two quantities are directly proportional if, as one quantity increases, the other quantity also increases at the same rate.

Tags

CCSS.7.RP.A.2D

Front

Sale Price/Resulting Total

Back

The price you pay after a tax, tip, discount, or markup has been applied.

Tags

CCSS.6.RP.A.3C

Front

Final Price

Back

The price you pay after a tax, tip, discount, or markup has been applied.

Tags

CCSS.6.RP.A.3C

Front

Apply

Back

The process of using mathematical steps to solve a problem.