CH5 Vocabulary

A ________________is a ratio that compares a number to 100.

• fraction
• proportion
• decimal
• percent

The percent a quantity increases or decreases from its original amount is the ___________.

• percentage difference
• percent

• rate of change
• percent of change

__________________is the amount of increase in price, AKA "profit margin".

• Markup

• Cost margin
• Loss margin
• Revenue

The price of an item after markup has been added to it is called the __________________.

• cost price
• retail price
• purchase price
• selling price

_______________is the percentage by which an items selling price is reduced.

• Discount
• Profit
• Markup
• Cost

The regular price of an item minus the discount is the ______________________.

• Reduction

• Regular price

• Discount

• Sale price

The amount of money paid for the use of money is called the __________.

• tax
• rent
• interest
• fee

________________ is the percentage at which interest is calculated.

• Loan term
• Principal amount
• Credit score
• Interest rate

____________ is the original amount borrowed or deposited.

• rate
• balance
• interest
• principal

Simple interest is interest that is calculated only on the _______________.

• interest rate
• total amount
• time period
• principal