BUS 214 CH 6

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Flashcards on BUS 214 CH 6, created by JACOB FEDORCHIK on 25/07/2017.
JACOB FEDORCHIK
Flashcards by JACOB FEDORCHIK, updated more than 1 year ago
JACOB FEDORCHIK
Created by JACOB FEDORCHIK almost 7 years ago
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Question Answer
Base Number that represents the whole 100%. It is the whole to which something is being compared. Usually follows word
Percent Decrease Calculated by decrease in price over original amount
Percent Increase Calculated by increase in price over original amount
Percents Stands for hundredths. Example: 4% is 4 parts of one hundred or 4/100
Portion Amount or part that results from multiplying the base times the rate. Not expressed as a percent; it is expressed as a number
Rate Percent 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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