Intro to Percents Vocab

Which is the definition of a "Tax"

• A fee paid for services, usually a percentage of the total cost

• An amount of money that you have to pay the government so that it can pay for public services like roads and schools

• How much a retailer increased the price over what they paid for it (this is how they make money or a profit)

• To give a gratuity to : a gift or a sum of money tendered for a service performed or anticipated

• A reduction in price, coupon code

Which is the definition of a markup?

• A fee paid for services, usually a percentage of the total cost

• How much a retailer increased the price over what they paid for it (this is how they make money or a profit)

• To give a gratuity to : a gift or a sum of money tendered for a service performed or anticipated

• A reduction in price, coupon code

• Reduction in price, discount, trying to get rid of something, special sale

Which is the definition of a discount?

• A fee paid for services, usually a percentage of the total cost

• To give a gratuity to : a gift or a sum of money tendered for a service performed or anticipated

• A reduction in price, coupon code

• Reduction in price, discount, trying to get rid of something, special sale

Which is the definition of a markdown?

• An amount of money that you have to pay the government so that it can pay for public services like roads and schools

• Reduction in price, discount, trying to get rid of something, special sale

• A reduction in price, coupon code

• To give a gratuity to : a gift or a sum of money tendered for a service performed or anticipated

Which is the definition of a commission?

• To give a gratuity to : a gift or a sum of money tendered for a service performed or anticipated

• A fee paid for services, usually a percentage of the total cost

• An amount of money that you have to pay the government so that it can pay for public services like roads and schools

• Reduction in price, discount, trying to get rid of something, special sale

Which is the definition of a tip?

• To give a gratuity to : a gift or a sum of money tendered for a service performed or anticipated

• How much a retailer increased the price over what they paid for it (this is how they make money or a profit)

• A fee paid for services, usually a percentage of the total cost

• An amount of money that you have to pay the government so that it can pay for public services like roads and schools