A free paid for services often a percent of the 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

An amount subtracted from the cost of an item to determine the final price; the amount subtracted is often a percent of a cost.

an amount added to the cost of an item to determine the final price; the amount added is often a percent of the cost

- a percent of an original amount that is borrowed or invested, paid at the end of a set period of time

percent of income or of the cost of goods or services paid to the government

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Lesson 20

Lesson 20 vocabulary

Question
Commission	A free paid for services often a percent of the total cost
Gratuity	Gratuity an amount added on to the cost of a service often a percent of the total cost; often referred to as a tip
Mark down	An amount subtracted from the cost of an item to determine the final price; the amount subtracted is often a percent of a 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 interest	- a percent of an original amount that is borrowed or invested, paid at the end of a set period of time
Tax	percent of income or of the cost of goods or services paid to the government
Percent	per 100; a rate per 100

Created by: user-1857009

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