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Unit 3-Consumer Math
Vocabulary
Question | Answer |
---|---|
sales tax | The additional amount of money charged on items that people buy |
tip | gratuity given directly to someone for performing a service or menial task |
discount | The amount by which the regular price of an item is reduced |
sale price | The final price after a discount is taken |
original price | The cost of an item before taxes or discounts |
simple interest | The amount paid or earned for the use of money |
principal | The amount of money deposited or invested |