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mod 3
| Question | Answer |
|---|---|
| amount of error | The positive difference between the estimate and the actual amount |
| commission | A payment equal to a percent of the amount of goods or services that a employee sells for a company |
| discount | The amount by which the regular price of an 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 the principal |
| markdown | An amount by which the regular price of an item is reduced |
| markup | the amount the price of an item is increased above the price the store paid for the item |
| percent of error | A ratio that compares the inaccuracy of an estimate (amount of error) to the actual amount |
| percent of change | A ratio that compares the change in a quantity to the original amount |
| percent of decrease | a negative percent of change |
| percent increase | the positive percent of change |
| principal | The amount of money deposited or borrowed |
| sales tax | an additional amount of the money charged on items that people buy |
| selling price | The amount the customer pays for a item |
| simple interest | The amount you paid or earned for the use of money. The formula for simple interest is / =prt |
| tip | Also known as gratuity it is a small amount of money in return for a service |
| wholesale cost | The amount the store pays for an item |
| v |
Created by:
user-1835339