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

Front

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

Back

Sale Price

Front

What is a calculated amount of extra money given as a percentage of a total bill?

Back

Tip

Front

What is the amount of money earned or paid for the use of money?

Back

Interest

Front

What is a way to calculate the interest earned or paid on a principal amount over a certain period of time at a fixed interest rate?

Back

Simple Interest

Front

What is taking money out of an account or a decrease in the amount of money you have?

Back

Withdrawal

Front

What is the original price of an item before any discounts are applied?

Back

Original Price

Front

What is the percentage added to the original price to determine the sale price after a discount?

Back

Discount Rate

Front

What is the formula to calculate simple interest?

Back

Simple Interest = Principal × Rate × Time

Front

What is the term for the initial amount of money invested or loaned?

Back

Principal

Front

What is the percentage of the total amount that is charged as a fee for borrowing money?

Back

Interest Rate