Chapter 10

Chapter Objective:

* Percent is another way of expressing a part of a whole. Percent means 'out of 100'.

Vocabulary:

Percent - Means "out of 100". The symbol for percent is %. Ex: 75% means 75 out of 100. Percent can be expressed as a fraction and a decimal: 75% = 75/100 = 0.75

Sales tax - A state tax on the purchase of certain goods and services.

Meals tax - A tax on meals in a restaurant.

Discount - A reduction in price; The difference between the regular price and the selling price; It is the amount you save.

Interest - Amount that a bank pays you for depositing your money with them.