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Grade 7 Chapter 6
Percents
| Question | Answer |
|---|---|
| benchmark | common numbers that serve as points of reference |
| commission | a fee paid to a person for making a sale |
| commission rate | the fee paid to a person who makes a sale expressed as a percent of the selling price |
| compatible numbers | numbers that are close to the given numbers that make estimation or mental calculation easier |
| estimate | an answer that is close to the exact answer and is found by rounding or other methods |
| interest | the amount of money charged for borrowing or using money |
| percent | a ratio comparing a number to 100 |
| percent change | the amount stated as a percent that a number increases or decreases |
| percent decrease | a percent of change describing a decrease in a quantity |
| percent increase | a percent of change describing a increase in a quantity |
| principal | the initial amount of money borrowed or saved |
| rate of interest | the percent charged or earned on an amount of money |
| sales tax | a percent of the cost of an item |
| simple interest | a fixed percent of the principal used in the formula I =Prt |
Created by:
bookannelid
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