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Vocabulary for Money Problems

Authored by Nicoleta Klopp

Mathematics

7th Grade

CCSS covered

Used 7+ times

Vocabulary for Money Problems
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11 questions

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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.11-12.4C

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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