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7th Math Mod3
Definintion | Term |
---|---|
the amount, stated as a percent, that a number increases or decreases. | percent of change |
A percent change describing an increase in the amount | percent of increase |
A percent change describing a decrease in the amount | percent of decrease |
is the difference between the cost of a good or service and its selling price. | mark up |
a reduction in price | mark down |
A ratio comparing a number to 100 | percent |
Money that the government collects based on income or sales. Expressed as a percent that must be calculated. | tax |
an amount added to a bill. Expressed as a percent that must be calculated | tip |