Finding a Number When a Percent of It Is Given.
What method can be used to find a number when a percent is given?
Decimal Methods
What is a discount?
Reduction of the regular price.
What is a percentage of money a salesclerk receives on a sale?
Commission
What terms are used to show a gain or loss in a business transaction
Profit and Loss
If the regular price is $450 and the Rate of Discount is 12% what is the Amount of Discount and Sale Price?
$396
What terms name the whole in the ratio method?
Consequents
What is the rate of discount?
Percent of discount
What is the rate of commission?
Finding what percent the commission is of the sale.
Profit and Loss are concerned with what two terms
Cost and Selling Price
If the Sales Price is $5,600 and the Rate of Commission is 6% what is the Commission?
$336
What is the first step to divide a percent?
Change the percent to decimal.
What other method can the amount of discount can be found?
Ratio Method
What is finding the number when the percent and percentage are known?
Sale
What are the two types of profits
Gross Profits and Net Profit
Find the percentage of 16% of 942
150.72
What is the term "of" mean?
Multiplication
What to do to find the sales price?
Subtract
What can a salesclerk get other than a commission?
Salary
What term is the excess of the cost plus overhead over the selling price
Loss
True or False= 132% = 1.32
True
12 is 15% of what number?
12 is 15% of 80.
If the Regular Price is $14 and the Rate of Discount is 10% what is the Amount of Discount and Sale Price?
$12.60
Change 6 1/2% to a decimal.
.0650
Gross Profit= 1,200
Cost= $695
What is the Gross Profit
$505
673 x 289
194,497