Percent Vocabulary Quiz

The percent change where something loses value, or goes down

• percent increase

• percent decrease

• percent error

• sales tax rate

The amount added to a price of an item, so the business can make a profit

• markup

• discount

• wholesale cost

• commission

Money you earn when investing or saving money

• simple interest

• interest (earned)

• percent error

• interest (paid)

An amount that is set by the government and added onto the original price

• percent of change

• principle amount

• wholesale cost

• sales tax

An amount given to an employee that is usually based on the price of the item or work

• rate

• wholesale cost

• discount

• tip/gratuity

An amount paid to an employee based on a percentage of the employee's sales

• principle amount

• commission

• markup

• wholesale cost

Interest computed only on the original principal amount invested

• simple interest

• sales tax

• discount

• rate