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Chapter 6 vocab math

Percents

Vocab WordDefinition
Percent equation- part=percent x whole
Percent proportion - One ratio or fraction compares part of a quantity to the whole quantity.
Percent of change- is a ratio that compares the change in quantity to the original amount
percent of increase- When the percent of change is positive
percent of decrease - When the percent of change is negative
Sales Tax an additional amount of money charged on items that people buy
Tip a small amount of money in return for a service
Gratuity a small amount of money in return for a service
Discount the amount by which the regular price of an item is reduced
Principal is the amount of money deposited or borrowed
Simple Interest the amount paid or earned for the use of money
Created by: sofiale1206
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