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vocabulary

QuestionAnswer
sale an event at which products are sold at reduced prices
coupon a detachable part of a ticket or advertisement that entitles the holder to a discount
rebate a refund of part of the amount paid for an item
markup when businesses buy products from a wholesaler or distributor for one amount and add to that amount to determine the price they use to sell the product to their customers
markdown a reduction in price
simple interest a fixed percent of the principal
percent equation to determine the tip amount on a restaurant bill
commission an amount of money a salesperson earns after selling a product
Created by: whitee
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