Lesson 20 Vocabulary
Flashcard
•
Mathematics
•
7th Grade
•
Easy
Patricia Grigg
Used 7+ times
FREE Resource
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9 questions
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1.
FLASHCARD QUESTION
Front
Percent
Back
A ratio that compares a number to 100
2.
FLASHCARD QUESTION
Front
Markup
Back
The amount added to the cost of merchandise to establish the selling price
3.
FLASHCARD QUESTION
Front
Discount/Markdown
Back
The amount by which the regular price of an item is reduced
4.
FLASHCARD QUESTION
Front
Tax
Back
A percent of a purchase that is added to the purchase and paid to the government
5.
FLASHCARD QUESTION
Front
Gratuity (Tip)
Back
A percent added on to the cost of a service
6.
FLASHCARD QUESTION
Front
Commission
Back
A fee paid for services, a percent of the total cost
7.
FLASHCARD QUESTION
Front
Simple Interest
Back
A percent of an original amount that is borrowed or invested, paid at the end of a set time.
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