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C2M1T4
Proportional Relationships
| Question | Answer |
|---|---|
| the reduction in price | markdown |
| increase in price | markup |
| an equation that describes the relationship between the part, whole, and percent. | percent equation |
| a fixed percent of an original amount of money called the principal | simple interest |
| an amount of money a salesperson earns after selling a product | commission |
| a percent of the selling price of a good or service that is added to the price | sales tax |
| a percent of a person's or company's earnings that is collected by the government | income tax |
| occurs when the new amount is greater than the original amount | percent increase |
| occurs when the new amount is less than the original amount | percent decrease |
| an increase in value | appreciation |
| a decrease in value | depreciation |
| a ratio that compares two measures | scale |
| when you multiply a measure by a scale to produce a reduced or enlarged measure | scale factor |
| sides that have the same relative positions in geometric figures. | corresponding sides |
| a representation of a real object or place that is in proportion to the real object or place it represents | scale drawing |
| figures that are proportional in size, or that have proportional dimensions | similar figures |