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Ratios & Proportions
vocab for ratios and proportions
Question | Answer |
---|---|
ratio | a mathematical statement that compares or shows the relationship between two or more things |
unit rate | ratio of two measurements in which the second term is 1 |
table | a list of values arranged in rows and columns |
graph | a depiction of a set of data in the coordinate plane |
equation | a mathematical statement that says two values are the same or equal |
proportion | an equation stating that two ratios are equivalent |
interest | a fee paid on borrowed assets or the price paid for the use of borrowed money |
percent increase | a measurement, expressed in the form of a percent, of how much value something gains |
percent error | a measurement, expressed in the form of a percent, of how close something is to the actual value |
sales tax | an amount of money charged by the government when you buy something at a store |
gratuity | money given in appreciation over and above what is due, usually in the form of a tip to a waiter or waitress |
commission | a fee paid to a salesperson for providing a service |
mark up | to increase the price of an item often in order to make a large profit |
mark down | a period of time when a store sells something at a reduced price |