7TH GRADE MATH - Unit 6 GLENCOE MATH - BUILT TO THE COMMON CORE

7TH GRADE MATH - Unit 6 GLENCOE MATH - BUILT TO THE COMMON CORE discount - Answer-the amount of by which the regular price of an item is reduced gratuity - Answer-also known as a tip markup - Answer-the amount the price of an item is increased above the price the store paid for the item percent equation - Answer-an equivalent form of the percent proportion in which the percent is written as a decimal percent error - Answer-is the measure of the difference between an estimate, prediction, or measurement and the actual value. percent of change - Answer-a ratio that compares the change in a quantity to the original amount percent of decrease - Answer-a negative percent of change percent of increase - Answer-a positive percent of change percent proportion - Answer-one ratio compares part of a quantity to the whole quantity. The other ratio is the equivalent percent written as a fraction with a denominator of 100. principal - Answer-the amount of money deposited or borrowed sales tax - Answer-a tax based on the cost of the item purchased and collected directly from the buyer. n additional amount of money charged on items that people buy selling price - Answer-The amount a customer pays for an item. simple interest - Answer-amount paid or earned for the use of money tip - Answer-Optional payment given in addition to a required payment, usually to express appreciation for excellent service; also called gratuity. To express a decimal as a percent - Answer-Move decimal point two places to the right and add a percent sign. Continues...