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Chapter 6 Key Terms

Katrina Smith Inglés 6 fichas

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  1. 1BaseNumber that represents the whole 100%. It is the whole to which something is being compared. Usually follows word of.
  2. 2Percent decreaseCalculated by decrease in price over original amount.
  3. 3Percent increasecalculated by increase in price over original amount
  4. 4percentsStands for hundredths. Example: 4% is 4 parts of one hundred or 4/100
  5. 5PortionAmount or part that results from multiplying the base times the rate. Not expressed as a percent; it is expressed as a number.
  6. 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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