Unit 4 Vocabulary
Quiz by Ashley Dillman
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12 questions
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- Q1This is a percent increase paid to the governmentsales taxgratuity (tip)mark upcommission30s
- Q2interest is apercent increasepercent decrease30s
- Q3This is a percent increase added to the cost of the mealgratuity (tip)discountsales taxinterest30s
- Q4What is paid to the salesperson?mark upsales taxcommissionmarkdown (discount)30s
- Q5A mark up is a percent increase paid to theselleraccount holderservercustomer30s
- Q6A markdown or discount is paid tothe sellerthe customerthe serverthe salesperson30s
- Q7What is subtracted from the payment the store collects?commissionmarkdown (discount)interestgratuity30s
- Q8Sales tax, gratuity, interest, and markup are all examples ofpercent increasepercent decrease30s
- Q9What is a percent increase paid to the lender?sales taxinterestcommissiongratuity30s
- Q10A markdown is a percent decrease paid to the customer that is...subtracted from the payment the store collectsadded to the balance of the loan, credit card, or bank accountsubtracted from the price of an item to encourage the customer to buy itadded to the price of the item30s
- Q11
Match each term to how it works
Users link answersLinking300s - Q12
Match each term with who it is paid to
Users link answersLinking120s