Topic 3 - Analyze and Solve Percent Problems (Fast and Curious)

Front

What is the percentage charged by a lender to a borrower for the use of money?

Back

Interest Rate

Front

What is the original amount of money borrowed or invested, upon which interest is calculated?

Back

Principal

Front

What is the percentage decrease in the original price of an item when it's put on sale?

Back

Percent Mark-down

Front

What is the true or real value of a number, quantity, or expression, without any modifications?

Back

Actual Value

Front

What is the reduced price of an item after a discount has been applied?

Back

Sale Price

Front

What is the formula to calculate the percentage of a number?

Back

(Part/Whole) x 100

Front

What do you call the amount added to the original price of an item to determine its selling price?

Back

Mark-Up

Front

What is the term for the amount of money saved or earned on an investment over time?

Back

Interest

Front

What is the difference between the original price and the sale price of an item?

Back

Discount

Front

What is the term for the amount of money that is paid back to the lender after borrowing?

Back

Repayment