Rate, Ratio, and Percent Vocabulary Test

A ratio that compares the inaccuracy of an estimate (amount of error) to the actual amount is called ​ ​ (a)  

• percent error

• percent of change

• markdown

• proportional

The ratios of related terms are not equal

• proportional

• proportion

• ratio

• nonproportional

The manager of a grocery store buys boxes of cereal from a distributor for $2.80 and sells them to customers for $4.30. The amount $2.80 is the

• gratuity

• commission

• wholesale cost

• selling price

The Chan family went out to lunch and left their server $6.97 for a $34.86 bill. The $6.97 is an example of a(n)

• fee

• interest

• commision

• gratuity

The amount paid or earned for the use of the principle

• discount

• fee

• commission

• interest

Match the following

• An amount by which the regular price of an item is reduced

• interest

• The amount of money deposited or borrowed

• discount

• The amount added to the cost of merchandise to establish the selling price

• markup

• The amount payed or earned for the use of the principle

• principal

Match the following

• A ratio that compares the change in a quantity to the original amount

• percent of change

• A negative percent of change

• percent of decrease

• The amount paid or earned for the use of money. I=prt

• simple interest

• The positive difference between the estimate and the actual amount

• amount of error

• An amount paid to an employee based on a percentage of the employee's sales

• commission

y=kx

• Proportional relationships can be represented by an equation in this form where k is the constant of proportionality

• A constant ratio or unit rate of two variable quantities.

• The ratios of related terms are not equal

• An equation stating that two ratios or rates are equivalent

A comparison between two quantities, in which for every A units of one quantity, there are B units of another quantity is called a​ (a)  

• ratio
• proportion
• proportional relationship
• proportional
• unit rate
• constant of proportionality

An equation stating that two ratios or rates are equivalent is a ​ (a)  

• proportion
• ratio
• proportional relationship
• proportional
• unit rate
• nonproportional
• constant of proportionality