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Vocabulary
Test is 12/19/12
18
Mathematics
7th Grade
12/18/2012

Additional Mathematics Flashcards

 


 

Cards

Term
Ratios
Definition
A comparison of 2 quantities by division
Term
Proportion
Definition
An equality of 2 ratios
Term
Unit Rate
Definition
A rate that has a denominator of 1
Term
Constant of Proportionality
Definition
Unit rate
Term
Rate
Definition
A ratio that compares quantities in different units
Term
Percent
Definition
A ratio that compares a number to 100
Term
Discount
Definition
The amount by which a price is decreased
Term
Tax
Definition
An amount by which the percent of the original is added onto the original price
Term
Wholesale Price
Definition
 The price by which the seller or store pays to get merchandise which will be marked up and resold 
Term
Commission
Definition
Pay that is equal to a percent of a sale
Term
Retail Price
Definition
The price a store charges customers once their wholesale price has been marked up
Term
Markup
Definition
The amount added onto the wholesale price to determine the sell price
Term
Interest
Definition
______ paid on the principal, or initial amount, of money invested or borrowed 
Term
Balance
Definition
The principal plus the earned interest gives the balance on an acount
Term
Intrest Rate
Definition
The percentage of the balance that an account or investment earns in a fixed period of time
Term
Principal
Definition
The initial amount of money in an investment or loan
Term
Percent Error
Definition
Measures the error in the quantity measured in relation to the anticipated or stated amout
Term
Percent of Change
Definition
The percent that something increases or decreases from its origanal amount
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