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Percents

Quiz yourself by thinking what should be in each of the black spaces below before clicking on it to display the answer.
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Question
Answer
benchmark   common numbers that serve as points of reference  
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commission   a fee paid to a person for making a sale  
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commission rate   the fee paid to a person who makes a sale expressed as a percent of the selling price  
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compatible numbers   numbers that are close to the given numbers that make estimation or mental calculation easier  
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estimate   an answer that is close to the exact answer and is found by rounding or other methods  
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interest   the amount of money charged for borrowing or using money  
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percent   a ratio comparing a number to 100  
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percent change   the amount stated as a percent that a number increases or decreases  
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percent decrease   a percent of change describing a decrease in a quantity  
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percent increase   a percent of change describing a increase in a quantity  
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principal   the initial amount of money borrowed or saved  
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rate of interest   the percent charged or earned on an amount of money  
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sales tax   a percent of the cost of an item  
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simple interest   a fixed percent of the principal used in the formula I =Prt  
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Created by: bookannelid
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