Percent Vocabulary Flashcard

Front

What is a tip/gratuity?

Back

A tip/gratuity is an amount given to an employee that is usually based on the price of the item or work.

Tags

CCSS.L.11-12.4C

CCSS.L.6.4C

CCSS.L.7.4C

CCSS.L.8.4C

CCSS.L.9-10.4C

Front

What is a percent decrease?

Back

A percent decrease is the percent change where something loses value, or goes down.

Tags

CCSS.6.RP.A.3C

Front

What is the definition of percent increase?

Back

The percent change where something gains value or increases.

Tags

CCSS.6.RP.A.3C

Front

What is a commission?

Back

A commission is an amount paid to an employee based on a percentage of the employee's sales.

Tags

CCSS.6.RP.A.3C

Front

What is a markup?

Back

A markup is the amount added to a price of an item, so the business can make a profit.

Tags

CCSS.6.RP.A.3D

Front

What does 'percent' mean?

Back

Percent means 'per hundred' and is used to express a number as a fraction of 100.

Front

How do you calculate percent increase?

Back

Percent increase is calculated by taking the difference between the new value and the original value, dividing by the original value, and then multiplying by 100.

Tags

CCSS.6.RP.A.3C

Front

How do you calculate percent decrease?

Back

Percent decrease is calculated by taking the difference between the original value and the new value, dividing by the original value, and then multiplying by 100.

Tags

CCSS.6.RP.A.3C

Front

What is the formula for finding a percentage of a number?

Back

To find a percentage of a number, multiply the number by the percentage (in decimal form).

Front

What is the relationship between commission and sales?

Back

Commission is directly related to sales; the more sales an employee makes, the higher their commission.