Vocabulary for Money Problems

Quiz
•
Mathematics
•
7th Grade
•
Medium
+8
Standards-aligned
Nicoleta Klopp
Used 7+ times
FREE Resource
11 questions
Show all answers
1.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
Original Price
How much 1 item costs.
The gain of money earned from any business activity.
The price you see on the tag.
Tags
CCSS.6.RP.A.3C
2.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
Discount
When you reduce the price.
The amount of money that is given to a person for their services.
Final amount after the purchase including tax.
Tags
CCSS.L.3.4D
CCSS.L.6.4C
CCSS.L.7.4C
CCSS.L.8.4C
CCSS.L.9-10.4C
3.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
Sale Price
How much a seller increases the price from what they paid for it.
The price after the original price has been reduced by a discount.
How much a seller decreases the price in order to increase sales.
Tags
CCSS.6.RP.A.3C
4.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
Unit Price
How much 1 item costs.
Final amount after the purchase including tax.
The sum total of the cost price and the profit after markup set by the seller.
Tags
CCSS.6.RP.A.1
CCSS.6.RP.A.2
5.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
Tip
The price you see on the tag.
The amount of money paid to an employee or company as an incentive to sell more.
The amount of money that is given to a person for their services.
Tags
CCSS.L.5.5C
6.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
Commission
The amount of money paid to an employee or company as an incentive to sell more.
How much a seller decreases the price in order to increase sales.
How much 1 item costs.
Tags
CCSS.6.RP.A.3B
7.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
Markup
When you reduce the price.
How much a seller increases the price from what they paid for it.
Final amount after the purchase including tax.
Tags
CCSS.6.RP.A.3C
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