A ratio that compares the inaccuracy of an estimate (amount of error) to the actual amount is called (a)
Rate, Ratio, and Percent Vocabulary Test

Quiz
•
Mathematics
•
7th Grade
•
Medium
Melissa Herndon
Used 25+ times
FREE Resource
15 questions
Show all answers
1.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
percent error
percent of change
markdown
proportional
2.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
The ratios of related terms are not equal
proportional
proportion
ratio
nonproportional
3.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
The manager of a grocery store buys boxes of cereal from a distributor for $2.80 and sells them to customers for $4.30. The amount $2.80 is the
gratuity
commission
wholesale cost
selling price
4.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
The Chan family went out to lunch and left their server $6.97 for a $34.86 bill. The $6.97 is an example of a(n)
fee
interest
commision
gratuity
5.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
The amount paid or earned for the use of the principle
discount
fee
commission
interest
6.
MATCH QUESTION
1 min • 5 pts
The amount of money deposited or borrowed
principal
An amount by which the regular price of an item is reduced
interest
The amount added to the cost of merchandise to establish the selling price
discount
The amount payed or earned for the use of the principle
markup
7.
MATCH QUESTION
1 min • 5 pts
The positive difference between the estimate and the actual amount
commission
A ratio that compares the change in a quantity to the original amount
amount of error
The amount paid or earned for the use of money. I=prt
percent of decrease
An amount paid to an employee based on a percentage of the employee's sales
percent of change
A negative percent of change
simple interest
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