Shop Until You Drop
A retail operation that sells standard merchandise at lower prices by accepting lower margins or profit and selling at higher volume.
Discount Store
a retailer agrees to pay a seller a percentage of the sale price of merchandise after the items sells.
Consignment
A type of business that buys goods in large amounts and resells them to other businesses in smaller lots.
Wholesaler
What is 15% of 300?
45
A retail store specializing in a given type of merchandise.
Specialty Store
Phrase used when the price has been reduced.
"On Sale"
A person who purchases goods and services for personal use.
Consumer
40 is 80% of what?
50
A retailer agrees to pay a seller a percentage of the sale price of merchandise after the item sells.
Consignment Shop
Lowering your retail price below the normal retail price set originally.
Discount Price
A persib or business who sells for public consumers.
Retailer
600 is what percent of 3000?
20%
large, limited-service retailers. Examples include Walmart Target, Home Depot, etc.
Big Box Stores
the sale of goods in small quantities directly to consumers.
Retail
Trade or exchange goods or services without involving money.
Barter
What is the formula used in class for finding percent?
is/of = %/100
Stores that offer an assortment of brand-name merchandise at significantly lower prices than the manufacturer's retail price. Examples would be Big Lots or NBC.
Closeout Stores
The regular price minus the discount.
Sale Price
A ratio comparing a number to 100.
Percent
What is 25% of 4000?
1000
A store selling used merchandise.
Thrift Store
Buying or selling something in large quantities at lower prices.
Wholesale
is (the part)/ of (the whole) = %/100.
Percent Formula
70 is what percent of 140?
50%