11-20 Flashcards

1
Q

Gratuity

A

A gift of money over an above payment due for services fees

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2
Q

Inequality

A

A mathictal sentence that shows the relationship between quantities that are not equivalent

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3
Q

Markdown

A

A reduction in price usually to encourage buying

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4
Q

Markup

A

The amount added by the seller to the cost of the product

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5
Q

Maximum

A

The largest value

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6
Q

Minimum

A

The smallest value

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7
Q

Multiplicative inverse

A

What you multiply a number by to get one

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8
Q

Percent

A

A ratio comparing a number to 100

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9
Q

Percent error

A

The error as a percent of the exact value

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10
Q

Percent rate of change

A

Subtract the old value of the new value.Show the change as a percent

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