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Percents / Ratios

Percents Vocab & Conversions

QuestionAnswer
Sales Tax The percent added to the cost of items for tax.
Tip Money paid in appreciation for a service provided.
Markup Amount added to the cost of an item to ensure a profit.
Discount Amount taken off the price of an item as a promotion.
Interest Amount earned on the principal of an investment.
Principal Initial size of the loan or investment that interest is based on.
1/20 5%
1/5 20%
1/8 12.5%
1/6 16.6%
5/6 83.3%
7/8 87.5%
5/8 62.5%
3/8 37.5%
3/30 10%
10/25 40%
1/11 9.09%
Created by: ajchapin
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