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vocab for ratios and proportions

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Question
Answer
ratio   a mathematical statement that compares or shows the relationship between two or more things  
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unit rate   ratio of two measurements in which the second term is 1  
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table   a list of values arranged in rows and columns  
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graph   a depiction of a set of data in the coordinate plane  
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equation   a mathematical statement that says two values are the same or equal  
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proportion   an equation stating that two ratios are equivalent  
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interest   a fee paid on borrowed assets or the price paid for the use of borrowed money  
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percent increase   a measurement, expressed in the form of a percent, of how much value something gains  
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percent error   a measurement, expressed in the form of a percent, of how close something is to the actual value  
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sales tax   an amount of money charged by the government when you buy something at a store  
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gratuity   money given in appreciation over and above what is due, usually in the form of a tip to a waiter or waitress  
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commission   a fee paid to a salesperson for providing a service  
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mark up   to increase the price of an item often in order to make a large profit  
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mark down   a period of time when a store sells something at a reduced price  
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Created by: lepressley
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