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chapter 7 grade 7

Quiz yourself by thinking what should be in each of the black spaces below before clicking on it to display the answer.
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Question
Answer
Percent of change   indicates how much a quantity increases or decreases with respects to original amount  
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markup   amount of increase  
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sale price   original minus discount  
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interest   amount earned or paid for use of money  
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percent of increase   new amount is greater than the original amount  
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selling price   cost plus markup  
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simple interest   interest that is earned or paid on principal  
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principal   amount of money deposited or borrowed  
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percent of decrease   new amount is less than original amount  
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discount   amount of decrease  
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compound interest   interest that is earned on both principal and interest warned previously  
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balance   principal plus interest  
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Created by: Knecht
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