Important Words Definition
Lender
What is an organization that lends you money? Like a bank.
1/2 in percent
What is 50 %?
50 % of 15 students are green.
What are eight students?
Lenny goes shopping. He has a coupon for $15.00. He buys a video game. The regular price is $85.00. What is the sale price?
What is a sale price of $70.00.
Adam saved $200.00 in his bank account to buy a one shoe. He wants to buy one shoe priced at $1000.00. He plans to borrow the rest of the money for 2 years at an interest rate of 8 %. What is the principal amount borrowed? What is the term? What is the interest rate?
What is $800.00 priniciple loan amount?
What is 2 years?
What is 8%?
Why one shoe only????
A human who receives money from an organization with the agreement that they will pay it back.
.68 in percent
What is 68/100?
75 % of 12 Smarties are mouldy.
What are nine moldy Smarties?
Saif buys a PS5 for $800.00. How much tax does he have to pay?
What is $104.00?
Maha borrowed $600.00 for one year at a rate of 5%. What is the total interest owed?
What is $30.00?
Principle
Amount of money borrowed or lend out.
John ate .5 of the cake. Alper at .2 of the cake. What percentage of the cake is left?
30/100 or 30 %
10 % of the kids picked there noses. There are 120 kids.
What are 12 kids?
Taxes are ...
Collected by the government to pay for schools, teachers, hospitals, doctors, army, roads, navy, air force and parks. Taxes are added to the final price of the product.
What is $270.00?
Interest Rate
The cost of borrowing money?
Carnivore ate .05 of it's prey. Johnny ate 1/5 of the same prey. Then dragged the rest to the deep hole. What percentage was dragged?
75/100 or 75 %
If 15 kids out of 150 are being chased by a grizzly bear, what percent is that?
What is 10%?
Alessia goes shopping. She buys a Spiderman hoodie for $95.00. It is on sale for 10 % off. What is the sale price without taxes?
What is $85.50.
What is the loan amount equation?
What is the Loan Amount=Cost of Purchase -Savings Down Payment?
Discount
.07 in percent
What is 7 %?
There are 120 teachers. 20 % are skibbidi. How many are skibbidd?
What is 24 teachers?
Aleesia is on a boat. The boat gets sold to someone. The boat cost $200.00. It is on sale for 40 % off. Aleesia is left in the sea with no boat. What is the value of the discount?
Does Aleesia know how to swim? Are there sharks?
What is $80.00?
Dukie borrowed $300.00 for one year at 4%. What is the cost to borrow?
What is $12.00?