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Stack #4566609
| Question | Answer |
|---|---|
| amount of error | the positive distance between the estimate and the actual amount |
| commision | a payment = to a percent of the amount of goods or services that an employee sells for a company |
| discount | the amount by which the regular price of the item is reduced |
| fee | A payment for a service. It can be a fixed amount, a percent of the charge, or both |
| gratuity | Also known as a tip. It is a small amount of money in return for a service |
| interest | the amount paid or earned for the use of a principal |
| markdown | an amount by which the regular price of the item is reduced |
| mark up | the amount the price of the item is increased above the price the store payed for them |
| percent error | a ratio that compares the inacuracy of an estimate to the actual amount |
| percent of change | A ratio that compares the change in a quantity to the origonal amount |
| percent of decrease | a negitave percent of change |
| percent of increase | a positive percent of change |
| principle | the amount of money depsoited or borrowed |
| sales tax | an additional amount of money charged on items that people buy |
| selling price | the amount the customer pays for an item |
| simple interest | the amount paid or earned for the use of money the formula for simple intrest is I=prt |
| tip | also known as a gratituity, it is a small amount of moneey in return for a service |
| wholesale cost | the amount the store pays for an item |
Created by:
user-1981843