QUESTION IMAGE
Question
word bank
- velocity
- reciprocal
- markup
- commission
- withdraw
- deposit
- opposites
- absolute value
- percent added to a price.
- money that salesman receive when they sell an item.
- a fraction or the opposite of a fraction.
- numbers that are the same distance from zero on the number line.
- the distance from zero is called the
- the equation used to find distance is:
- the equation used to find rate is:
- the equation used to find time is:
- subtracting a negative is the same as adding a
- subtracting a positive is the same as adding a
- positive x positive =
- negative x negative =
- negative x positive =
- positive x negative =
- speed + direction =
part 2: computation (32 points)
- directions: show all work. change subtraction equations to
your answer.
Question 1: Percent added to a price.
The term for the percent added to a price is "Markup". Markup is the amount by which the cost of a product is increased to determine the selling price, often expressed as a percentage of the cost.
The money a salesman receives for selling an item is called "Commission". Commission is typically a percentage of the sale price and is a form of payment for salespeople based on their sales performance.
The term that refers to a fraction or the opposite of a fraction is "Reciprocal". The reciprocal of a fraction $\frac{a}{b}$ (where $a
eq0$ and $b
eq0$) is $\frac{b}{a}$, and it can also be considered as the opposite in terms of multiplicative inverse.
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Markup