Chapter 6 Vocabulary Quiz (Big Ideas)

Definition: Gross profit / cost of sales x 100

• Percent

• Interest

• Discount

• Mark-up

Tags

CCSS.6.RP.A.3C

Definition: the amount the customer pays for an item

• selling price

• payment terms

• equilibrium price

• floor price

Tags

CCSS.HSF.LE.A.2

CCSS.8.F.B.4

The absolute value of the error divided by the accepted value, multiplied by 100%.

• percent difference

• percent error

• percent of change

• simple interest

Tags

CCSS.6.RP.A.3C

An equivalent form of the percent proportion, where % is written as a decimal.

• percent equation

• percent of change

• simple interest

• percent error

One ratio or fraction that compares part of a quantity to the whole quantity. The other ratio is the equivalent percent written as a fraction with a denominator of 100.

• percent of change

• percent error

• percent proportion

• selling price

The amount by which the regular price of an item is reduced

• percent

• discount

• selling price

• interest

Tags

CCSS.L.11-12.4C

CCSS.L.9-10.4C

CCSS.L.8.4C

CCSS.L.7.4C

CCSS.L.6.4C

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

• percent equation

• percent of change

• loss in value

• interest

Tags

CCSS.6.RP.A.3C

The amount of money borrowed.

• principal

• discount

• interest

• percent of change

Tags

CCSS.7.RP.A.3

The amount by which the regular price of an item is reduced

• interest

• discount

• percent

• selling price

Tags

CCSS.L.9-10.4C

CCSS.L.8.4C

CCSS.L.11-12.4C

CCSS.L.7.4C

CCSS.L.6.4C

Part of a whole

• proportion

• proportion

• fraction

• decimal

Tags

CCSS.3.NF.A.2B

CCSS.3.NF.A.1