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7 Math Ch. 8

Applying Percent

discount the amount by which the regular price of an item is reduced
percent equation an equation that describes the relationship between the part, base, and percent
percent of change a ratio that compares the change in a quantity to the original amount
percent of decrease a percent of change when the original quantity decreased
percent of increase a percent of change when the original quantity increased
population the entire group of items or individuals from which the samples under consideration are taken
principal the amount of money invested or deposited
random sample a sample in which the members are selected purely on the basis of chance
sales tax an additional amount of money charged on items that people buy
simple interest the amount paid or earned for the use of money
survey a question or set of questions designed to collect data about a specific group of people
Created by: Miss Brinkoetter