Term
|
Definition
the comparison of two numbers using division (usually a fraction but also "to" or : ) |
|
|
Term
|
Definition
two or more ratios that have the same value (8:5 and 16:10 for example) |
|
|
Term
|
Definition
a ratio of two quantities that have different units (for example, 10 laps/5 min.) |
|
|
Term
|
Definition
a rate that has a denominator of 1 unit (for example, 50 jumps/1 min.) |
|
|
Term
|
Definition
two ratios set equal to each other (fraction = fraction) |
|
|
Term
|
Definition
the two products found by multiplying the top of one ratio in a proportion and the bottom of the other |
|
|
Term
|
Definition
a model of an actual object that is either bigger or smaller but made proportionately |
|
|
Term
|
Definition
the relationship between the dimensions of a model and the dimensions of the actual object |
|
|
Term
|
Definition
a ratio (or fraction) whose denominator is 100 |
|
|
Term
|
Definition
reflects as a percent how much a quantity has increased or decreased from the original amount |
|
|
Term
|
Definition
reflects as a percent how much a quantity has been increased from the original amount |
|
|
Term
|
Definition
reflects as a percent how much a quantity has been decreased from the original amount |
|
|
Term
|
Definition
the price that a store pays the manufacturer for items |
|
|
Term
|
Definition
the increase in the wholesale price of an item |
|
|
Term
|
Definition
a decrease in the retail price of an item |
|
|
Term
|
Definition
the price that a store charges its customers for an item |
|
|
Term
retail price = wholesale price + markup |
|
Definition
the relationship between wholesale price, markup and retail price |
|
|
Term
sale price = original price - discount |
|
Definition
the relationship between discount, original price and sale price |
|
|
Term
|
Definition
an amount paid for the use of money |
|
|
Term
|
Definition
the amount of money you borrow or deposit |
|
|
Term
|
Definition
interest that is paid only on the principal |
|
|
Term
|
Definition
the percent of the principal that you pay or earn per year |
|
|
Term
|
Definition
|
|
Term
|
Definition
the likelihood that an event will occur |
|
|
Term
|
Definition
(theoretical) probability formula |
|
|
Term
|
Definition
probability based on what has already happened and been observed |
|
|