Ch. 6 - Percent Flashcards

1
Q

Percent (%)

A

Part per one hundred

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2
Q

Rate

A

Percent (%)

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3
Q

Percentage

A

Result obtained by multiplying a number by a percent (is)

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4
Q

Base

A

The amount you are taking a part or percent of (of)

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5
Q

List Price

A

Regular price of an item

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6
Q

Sale Price

A

Reduced price of an item

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7
Q

Discount

A

A reduction made from the regular price

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8
Q

Discount Rate

A

Percent that the price is reduced

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9
Q

Sales Tax

A

Money paid as tax when you buy an item

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10
Q

Tax Rate

A

The percent charged as tax

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11
Q

Principal

A

Amount borrowed or invested

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12
Q

Rate of Interest

A

Percent paid or charged for the use of money

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13
Q

Previous Balance

A

Amount owed before a payment is made

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14
Q

Finance Rate

A

Percent charged for borrowing money

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15
Q

Finance Charge

A

Cost for borrowing moneyc

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16
Q

Commission

A

Percentage of total sales

17
Q

Rate of Commission

A

The percent used to compute commissions

18
Q

Tip

A

An amount of money paid for service

19
Q

Tip Rate

A

Percent left as a tip