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Percentages Vocabulary

Total questions: 33

Worksheet time: 24mins

Name
Class
Date
1.
discount
a)
the amount by which the regular price of an item is reduced (decreased).
b)
the amount the customer pays for an item
2.
commission
a)
an amount paid to an employee based on a percentage of the employee's sales (based on how much they have sold, like a reward for selling more things)
b)
a fixed amount of money paid to an employee for each pay period
c)
an amount of money paid for a particular piece of work or for a particular right or service
3.
sales tax
a)
a tax on the dollar value of a good or service being sold
b)
an amount of money paid to an employee at a specified rate per hour worked
c)
the FINANCIAL GAIN ($$$ made) in a transaction after any of the seller's costs have been subtracted out
4.
markup
a)
amount a shop adds to the cost price of goods, so they can make a profit
b)
the discount - the amount taken off the original price charged for an item
c)
a percentage of your earnings paid to the government, to fund government spending
5.
markdown
a)
the discount - the amount taken off the original price charged for an item
b)
an amount paid to an employee based on a percentage of the employee's sales (based on how much they have sold, like a reward for selling more things)
c)
a tax on the dollar value of a good or service being sold
6.
tip
a)
also known as a gratuity, money paid in return for a service (as a percentage of the total bill)
b)
incoming money
c)
an amount paid to an employee based on a percentage of the employee's sales (based on how much they have sold, like a reward for selling more things)
7.
gratuity
a)
another word for a tip - an extra amount added to the total bill, paid to the server or worker
b)
A percent change describing a decrease in a quantity
c)
incoming money
d)

feeling thankful for something

8.
salary
a)
a fixed amount of money paid to an employee for each pay period
b)
when a business's expenses (money going out) are more than its revenues (money coming in)
c)
fallen in value
9.
retail price
a)
also called the selling price - the total price charged for a product sold to a customer
b)
price a store owner pays to the manufacturer for an item that they will then sell to the public
c)
the amount left over after subtracting, the amount that has already been paid
10.

The (a)   is the price a store pays to buy an item before they sell it.

Choose from the below words
wholesale price
retail price
sale price
11.
fee
a)
an amount of money paid for a particular piece of work or for a particular right or service
b)
A ratio that compares a number to 100 (%)
c)
the amount paid for the use of borrowed money - this is calculated as a percentage of how much money was loaned
12.
sale price
a)
the regular price minus the discount
b)
the amount by which the regular price of an item is reduced (decreased).
c)
the amount the customer pays for an item
13.
selling price
a)
the amount the customer pays for an item
b)
fallen in value
c)
amount a shop adds to the cost price of goods, so they can make a profit
14.
profit
a)
the FINANCIAL GAIN ($$$ made) in a transaction after any of the seller's costs have been subtracted out
b)
also called the selling price - the total price charged for a product sold to a customer
c)
A percent change describing an increase in a quantity
15.
loss
a)
when a business's expenses (money going out) are more than its revenues (money coming in)
b)
A percent change describing an increase in a quantity
c)
also known as a gratuity, money paid in return for a service (as a percentage of the total bill)
16.
revenue
a)
incoming money
b)
the FINANCIAL GAIN ($$$ made) in a transaction after any of the seller's costs have been subtracted out
c)
when a business's expenses (money going out) are more than its revenues (money coming in)
17.
income
a)
earnings from work or investment
b)
another word for a tip - an extra amount added to the total bill, paid to the server or worker
c)
an amount reduced, taken off or subtracted
18.
tax
a)
a percentage of your earnings paid to the government, to fund government spending
b)
another word for a tip - an extra amount added to the total bill, paid to the server or worker
19.
wages
a)
an amount of money paid to an employee at a specified rate per hour worked
b)
the amount paid for the use of borrowed money - this is calculated as a percentage of how much money was loaned
c)
the regular price minus the discount
20.

Depreciation is (a)   .

Choose from the below words
a decrease or loss in value
the regular price minus the discount
the amount of interest earned
21.

Inflation is defined as (a)   .

Choose from the below words
a general and progressive increase
a general and progressive decrease
also called the selling price - the
22.
bank balance
a)
amount of money you have in the bank
b)
an amount reduced, taken off or subtracted
c)
a fixed amount of money paid to an employee for each pay period
23.

interest (earned)

a)

the amount paid to you by the bank, calculated as a percentage of your savings or investment

b)
also known as a gratuity, money paid in return for a service (as a percentage of the total bill)
c)

the amount charged to you by the bank, calculated as a percentage of a loan or borwed amount

24.

interest (owed)

a)

the amount paid to you by the bank, calculated as a percentage of your savings or investment

b)
also known as a gratuity, money paid in return for a service (as a percentage of the total bill)
c)

the amount charged to you by the bank, calculated as a percentage of a loan or borwed amount

25.

A percent increase is (a)   ​

Choose from the below words
A % describing an increase in an amount
a % describing a decrease in an amount
earnings from work or investment
26.

A percent decrease is (a)   ​

Choose from the below words
A % describing a decrease in an amount
an amount of money paid for a parti
earnings from work or investment
27.

Match the vocabulary word to its definition.

a)

Markup

1.

Retailer charges more than what they bought the item for.

b)

Discount

2.

A percentage of the retail price taken off.

c)

Commission

3.

A percentage earned from an amount sold.

d)

Fee

4.

A charge per service, can be a set amount or a set percentage per transaction.

28.

Select the three choices that get added to the original price.

a)

markup

b)

tip

c)

discount

d)

sales tax

29.

Match the following:

a)

A Discount is...

1.

...Subtracted from the price.

b)

A Markup is...

2.

...Added to the price.

c)

Tips and Fees are...

3.

...Added to the price for services.

30.

the amount of money owed for the purchase of an item before tax and tip, if applicable, is (a)   .

Choose from the below words
tip
subtotal
sales tax
gratuity
31.

rounding to the HUNDREDTHS place, is used for rounding money to the (a)  

Choose from the below words
nearest cent
nearest hundredth
nearest whole
nearest tenth
32.

the amount of an item BEFORE tax, tip, discount, etc.

(a)  

Choose from the below words

percent

commision

original price (subtotal)

save

33.

How is the total bill calculated at a restaurant?​ (a)   ​ (b)   ​ (c)   ​ (d)   ​ (e)  

Choose from the below words
subtotal
+
tax
tip
=
minus
−-

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