Vocabulary
The money saved on sale item.
Discount
A hockey stick costs $79. How much would be saved at 20% off?
$15.80
A restaurant bill came to $21.52. How much would the tip be if 18% is left for the waitress?
$3.87
A student's average changed from a 96% to a 91%. Is this an increase, or a decrease?
Decrease
Is the interest on a saving account a percentage that a person EARNS or PAYS?
Earns
The percentage added to the wholesale amount of an item to create a profit.
Markup
What is the discount on an $84 bracelet at 40% off?
$33.60
What is the commission earned at 2.5% for the sale of a $219,000 home?
$5,475
A student's average changed from a 96% to a 91%. What is the percent change?
5% Decrease
Is the interest on a loan something a person EARNS or PAYS?
Pays
The percent increase or decrease between two numbers.
Percent Change
What is the sale price on an $84 bracelet at 40% off?
$50.40
A stereo costs $1580. What is the TOTAL COST with 7.2% tax?
$1693.76
Last year there were 120 students in marching band. This year there are 138. What is the percent change?
15% Increase
How much would $1200 a savings account earn in 8 years if the interest rate is 5%?
$480
Money earned in sales.
Commission
A computer sells for $929. It is discounted at 35% off. What is the sale price?
$696.75
The dinner bill comes out to $78.52. How much is the TOTAL COST including a 18% tip?
$92.65
A savings account with $500 now has $120. What is the percent change?
76% Decrease
If Casey places $890 in a savings account, how much interest will he earn in 12 years at a simple interest rate of 5%
$534
The interest earned on a savings account or paid on a loan.
Simple Interest
A video game gets marked up 6.5% of its price of $18. How much is the new price?
$19.17
How much did a salesperson earn if their base salary was $300 and they earned a 4% commission on their $7268 of sales?
$590.72
A friend sent 3,809 text messages in June. They sent 3,115 text messages in July. What is the percent change?
18% Decrease
$2400 at 3.5% for 5 1/4 years.
$441