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Proportional Reasoning with Percents

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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Term
Definition
numerator   The part of the fraction that is placed on top of the fraction bar and tells us how many of the parts of the whole are being dealt with.  
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denominator   The part of the fraction that is placed below the fraction bar that tells us how many equal parts the whole is divided into.  
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decimal number   A number that uses a decimal point followed by digits to the right.  
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fraction   rational number expressed as a/b where b does not equal zero  
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percent   A ratio comparing a number to 100.  
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estimate   A close guess of the actual value, usually with some thought or calculation involved.  
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determine   To figure out or settle a question.  
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solution   The act of solving a problem or question.  
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percent change   The amount stated as a percent in which a quantity increases or decreases.  
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percent decrease   A percent change describing a decrease in a quantity.  
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percent increase   A percent change describing an increase in a quantity.  
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markup   The amount added to the cost price of goods to cover overhead and profit.  
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retail price   The total amount charged for a product sold to a customer, which includes the manufacturer's cost plus seller markup.  
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commission   A fee paid to a person for making a sale.  
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commission rate   The fee paid to a person who makes a sale expressed as a percent of the selling price.  
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sales tax   A rate in which a government entity require on the monetary exchange of goods or services.  
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revenue   The total amount of money brought in, income.  
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profit   The difference between the income and the amount spent in buying, operating, or producing something.  
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interest   The amount of money charged for borrowing or using money.  
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simple interest   One type of fee paid for the use of money in which there is a fixed percent of the principal and is found using the formula I=prt.  
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principal   The initial amount of money borrowed or saved.  
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rate of interest   The percent charged or earned on an amount of money.  
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Created by: Mrs Ott
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