Flashcards
Chapter 6 Key Terms
Cards in this deck (6)
- 1BaseNumber that represents the whole 100%. It is the whole to which something is being compared. Usually follows word of.
- 2Percent decreaseCalculated by decrease in price over original amount.
- 3Percent increasecalculated by increase in price over original amount
- 4percentsStands for hundredths. Example: 4% is 4 parts of one hundred or 4/100
- 5PortionAmount or part that results from multiplying the base times the rate. Not expressed as a percent; it is expressed as a number.
- 6RatePercent that is multiplied times the base that indicates what part of the base we are trying to compare to. Rate is not a whole number.
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- Chapter 6 key terms for Intro to Business quantative methods
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- Katrina Smith
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