Quiz about Percents Vocabulary Review

Question 1

Choose the correct word for the following definition:

the amount of money you earn based on the percent of sales

Accepted Answer

commission

Answer

gratuity

Answer

tax

Answer

markup

Question 2

In the equation 40=0.20x, x is the _____________

Accepted Answer

whole

Answer

part

Answer

percent

Answer

percent as a decimal

Question 3

The amount of increase from the original cost to its selling price is a/an: _______________

Accepted Answer

markup

Answer

markdown

Answer

discount

Answer

tax

Question 4

The ___________ is the initial (starting amount) in a bank account

Accepted Answer

principle

Answer

interest

Answer

gratuity

Answer

money

Question 5

Choose the correct term for the following definition:

the amount you pay for the use of someone else's money; the cost of borrowing money

Accepted Answer

interest

Answer

tax

Answer

gratuity

Answer

loan

Question 6

Choose the correct term for the following definition: a measure of how much a value goes up or down over time

Accepted Answer

percent change

Answer

percent increase

Answer

percent decrease

Answer

percent error

Question 7

Choose the correct term for the following definition:

the accuracy of an estimated value compared to an actual value

Accepted Answer

percent error

Answer

percent increase

Answer

percent decrease

Answer

percent change

Question 8

Choose the correct term for the following definition: something extra in addition to paying your bill when a service of some type has been provided to you

Accepted Answer

gratuity

Answer

tax

Answer

discount

Answer

markup

Question 9

All of these are an example of when an original price drops to a lower price EXCEPT which of the following?

Accepted Answer

Markup

Answer

Discount

Answer

Markdown

Answer

Sale

Question 10

__________ is the amount charged against a person or property in support of the government.

Accepted Answer

Tax

Answer

Interest

Answer

Discount

Answer

Gratuity

Question 11

A percent is a ratio out of ___________ that relates the ratio of two quantities.

Accepted Answer

100

Answer

10

Answer

1000

Answer

1

Question 12

In the equation 40=0.20x, 40 is the ____________

Accepted Answer

part

Answer

percent as a decimal

Answer

percent

Answer

whole

Question 13

In the equation 40=0.20x, 0.20 is the _______________

Accepted Answer

percent as a decimal

Answer

percent

Answer

part

Answer

whole

Question 14

Which of the following scenarios represents a percent decreae?

Accepted Answer

A jacket has been marked down by 35%. The original cost was $48. How much was the discount?

Answer

Attendance was estimated to be 3,000. The actual amount was 3,296. The error made was in this estimate was approximately 9%

Answer

A crocodile was 33 inches long last year. This year, he is 49 inches. By what percent did he grow?

Answer

A website had 3,500 views in 2021. In 2022, the website's viewers increased by 254%. How many viewers did they have in 2022?

Question 15

Jayse borrowed $5,000 from the bank. The loan has a set interest rate of 5%. At this rate, he will pay an extra $250, so the amount he owed increased to $5,250. Which amount of money in this scenario represents, x, the principle?

Accepted Answer

5000

Answer

250

Answer

5250

Answer

5%

Question 16

Lauren is a very successful businesswoman. At her company, she makes $5,000 per month plus an additional 10% for the products she sells. She sells $100,000 worth of products this month, she will make an additional $10,000. Her salary for this month is $15,000.

Which of the following numbers represents, y, the amount of money she makes in commission?

Accepted Answer

10000

Answer

10

Answer

5000

Answer

100,000

Question 17

Tucker is buying a recliner from Miskelly's. The chair costs $600. The store charges 7% sales tax, which is $42. He left with the couch after paying $642. Which of the following numbers represents, y, the amount of money he was charged in sales tax?

Accepted Answer

42

Answer

600

Answer

642

Answer

7

Question 18

Brooke is going to eat at Yoko's with her mom, and she is paying for both of their meals. The total amount of food they ordered cost $46.99. They had excellent service, so she wants to tip the waitress 20%. On her receipt, she writes $9.40 for her tip, and this brought her final total to $56.39. Which of the following numbers represents, k, the percent she chose to tip the waitress?

Accepted Answer

20

Answer

9.40

Answer

46.99

Answer

56.39

Question 19

Which of the following is an example of percent error?

Accepted Answer

Attendance was estimated to be 3,000. The actual amount was 3,296. The error made was in this estimate was approximately 9%.

Answer

A crocodile was 33 inches long last year. This year, he is 49 inches. By what percent did he grow?

Answer

A website had 3,500 views in 2021. In 2022, the website's viewers increased by 254%. How many viewers did they have in 2022?

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