7th Grade Math Vocabulary

Front

What is a commission?

Back

An amount paid to an employee based on a percentage of the employee's sales (employee gets paid some, but not all, of what s/he earned)

Tags

CCSS.7.RP.A.2

CCSS.7.RP.A.3

Front

What is a discount?

Back

The amount subtracted from the normal price of an item-another term for markdown

Tags

CCSS.7.RP.A.2

CCSS.7.RP.A.3

Front

What is a fee?

Back

A payment.

Tags

CCSS.7.RP.A.3

Front

Interest (earned)

Back

Money you earn/get when investing or saving money (the money increases by a percent each month)

Tags

CCSS.7.EE.B.3

CCSS.7.EE.B.4

CCSS.7.RP.A.3

Front

What is interest (paid)?

Back

money you pay to borrow money for a loan or to use a credit card

Tags

CCSS.7.RP.A.3

Front

A markup is the amount _________ to a price of an item, so the business can make a profit. Options: subtracted, added, multiplied, divided.

Back

added

Tags

CCSS.7.RP.A.3

Front

A percent decrease is the percent change where something loses value, or goes_________

Back

down

Tags

CCSS.7.RP.A.3

Front

A percent error is how _________ a measurement is compared to the correct measurement.

Back

inaccurate/wrong

Tags

CCSS.7.RP.A.3

Front

Percent increase

Back

The percent change where something gains value or increases

Tags

CCSS.7.RP.A.3

Front

The percent of change is the percent a quantity increases or __________ from its ________ value.

Back

decreases, original