Chapter 2 Vocab

Front

Correct format for percent proportion: \( \frac{part}{whole} = \frac{percent}{100} \)

Back

\( \frac{part}{whole} = \frac{percent}{100} \)

Front

Format for percent equation:

Back

part = percent × whole

Front

Percent of change formula: \( \frac{new\ amount - original\ amount}{original\ amount} \)

Back

\( \frac{new\ amount - original\ amount}{original\ amount} \)

Front

If the original quantity increases, it is called

Back

Percent Increase

Front

If the original quantity decreases, it is called a

Back

percent decrease

Front

Sales tax is the (subtracted/added) amount charged on items bought.

Back

added

Front

Synonym for tip?

Back

gratuity

Front

Amount paid by customer for an item

Back

selling price

Front

Markup is when a store sells items for more than it pays.

Back

True

Front

Principal: Amount invested or borrowed?

Back

True