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Stack #4575194
| Question | Answer |
|---|---|
| Commission | A fee paid for services often a percent or total cost |
| Gratuity | an amount added on to the cost of a service, often a percent of the total cost; often referred to as a tip |
| Markdown | an amount subtracted from the cost of an item to determine the final price; the amount subtracted is often a percent of the cost |
| Markup | an amount added to the cost of an item to determine the final price; the amount added is often a percent of the cost |
| Simple intrest | a percent of an original amount that is borrowed or invested, paid at the end of a set period of time |
| Tax | a percent of income or of the cost of goods or services paid to the government |
| Percent | per 100; a rate per 100 |