#### Study sets matching "pricing math"

#### Study sets matching "pricing math"

employee discount

gross profit

maintained markup

markup

A discount offered to workers by their employer.

The difference between sales revenue and the cost of goods sold

The difference between an item's final sale price and its cost

The difference between an item's cost and sale price.

employee discount

A discount offered to workers by their employer.

gross profit

The difference between sales revenue and the cost of goods sold

Fact Family

Inverse operations

Partition

Quotient

a group of related facts that use the same number

operations such as multiplication & division, that undo each o…

a way to divide by sharing one object at a time until the obje…

the answer to a division problem

Fact Family

a group of related facts that use the same number

Inverse operations

operations such as multiplication & division, that undo each o…

Discount

Tax and Tip

Commission

Percent of change

Find the % of the discount. Subtract the % of change from orig…

Add the % of change to the original price for the total cost

Find the % of the #

change times 100/ original

Discount

Find the % of the discount. Subtract the % of change from orig…

Tax and Tip

Add the % of change to the original price for the total cost

Wholesale price

Retail price

Tip

Discount

How much a store paid for an item

How much a customer pays for the item

And extra milk given by customers for good service usually at…

A decrease from the original price of an item to sell the pric…

Wholesale price

How much a store paid for an item

Retail price

How much a customer pays for the item

$Markup

$Retail

$Cost

Markup %

$Retail - $Cost

$Cost+ $Markup ... OR... Cost $/(100% - Markup% based on retail)

$Retail- $Markup

$Markup/ $Retail OR ($Retail- $Cost )/ $Retail

$Markup

$Retail - $Cost

$Retail

$Cost+ $Markup ... OR... Cost $/(100% - Markup% based on retail)

To calculate a sales price using a comm…

To calculate a commission rate using a…

= Commission rate

= Sales price

Divide the commission by the commission rate

Divide the commission by the sales price

Commission divided by sales price

Commission divided by commission rate

To calculate a sales price using a comm…

Divide the commission by the commission rate

To calculate a commission rate using a…

Divide the commission by the sales price

What is a discount?

What is a sale price?

What is 20% of a $200 jacket? ... (Method…

What is 20% of a $200 jacket?... (Method 2)

A percentage of an original amount that is reduced.

The cost after the discount is taken off the original price.

Method #1:... 20% of 200... 0.20 x 200 =... 40.00$

1. Discount/Original... 2. n/200 = 20/100... (Cross multiply these…

What is a discount?

A percentage of an original amount that is reduced.

What is a sale price?

The cost after the discount is taken off the original price.

Corporation

General partnership

Joint venture

Limited liability company

A form of business ownership that protects shareholders from p…

A form of business ownership that has more than one partner (o…

A general partnership that lasts only for a limited time, such…

A form of business ownership that has taxation pass-through to…

Corporation

A form of business ownership that protects shareholders from p…

General partnership

A form of business ownership that has more than one partner (o…

PRODUCT

PROTRACTOR

COMPLEMENTARY ANGLES

SUPPLEMENTARY ANGLES

The result of a multiplication problem.

A tool that measures angles in degrees.

Angles with measures that equal 90° when added together.

Angles with measures that equal 180° when added together.

PRODUCT

The result of a multiplication problem.

PROTRACTOR

A tool that measures angles in degrees.

DEGREE

LIKE DENOMINATOR

MIXED NUMBER

REFLEX ANGLE

A unit of measure for angles based on dividing a circle in 260…

A denominator that is the same in two or more fractions.

A number that is written using both a whole number and a fract…

An angle measure that is between 180° and 360°.

DEGREE

A unit of measure for angles based on dividing a circle in 260…

LIKE DENOMINATOR

A denominator that is the same in two or more fractions.

origin

simple interest

compound interest

proportional relationship

(0,0)

Interest earned only on the original principal amount invested

Interest earned or paid on both the principal and previously e…

two quantities increase at the same rate

origin

(0,0)

simple interest

Interest earned only on the original principal amount invested

Range

Inequality

Sum

Product

The

**difference between the greatest and least numbers**in a d…A mathematical sentence that *contains the symbols >, <, ≤ or…

An amount obtained as a result of

**adding two numbers**The

**result of multiplying**, or an expression that identifies…Range

The

**difference between the greatest and least numbers**in a d…Inequality

A mathematical sentence that *contains the symbols >, <, ≤ or…

Range

Inequality

Sum

Product

The

**difference between the greatest and least numbers**in a d…A mathematical sentence that *contains the symbols >, <, ≤ or…

An amount obtained as a result of

**adding two numbers**The

**result of multiplying**, or an expression that identifies…Range

The

**difference between the greatest and least numbers**in a d…Inequality

A mathematical sentence that *contains the symbols >, <, ≤ or…

Price (how it's different from other as…

Price Ceiling

Price Floor

Exceptions to normal pricing

- Only thing that is not a cost - directly produces revenue... -…

Customer perception of value, maximum you can charge someone f…

Product cost - break even (Competition and other strategic fac…

(grocery stoor, pricing below floor; price low to build a cons…

Price (how it's different from other as…

- Only thing that is not a cost - directly produces revenue... -…

Price Ceiling

Customer perception of value, maximum you can charge someone f…

Percent

Percent Change

Commission

Commission Rate (percentage)

Ratios that compare a number to 100

Ratio of the amount of change to the original amount

Fee paid to a person who makes a sale (profit)

Percent of the selling price

Percent

Ratios that compare a number to 100

Percent Change

Ratio of the amount of change to the original amount

Variable

Inverse Operations

Counting On

Breaking Apart

symbol or letters that stands for a number

operations that can undo each other

counting up from the lesser number

used to rewrite a number as the sum of numbers to form an easi…

Variable

symbol or letters that stands for a number

Inverse Operations

operations that can undo each other

Discount

Part to Part Ratio

Part to Whole Ratio

Percent Decrease

The amount by which a price is reduced.

A ratio that compares a part of the whole to another part of t…

A ratio that compares a part of the whole to the whole.

To calculate a percent decrease, divide the decrease by the or…

Discount

The amount by which a price is reduced.

Part to Part Ratio

A ratio that compares a part of the whole to another part of t…

Ratio

Unit Rate

Tape Diagram

Percent

A comparison of two numbers using division.

A rate with a denominator of 1.

A drawing that looks like a segment of tape, used to illustrat…

A special ratio that compares a number to 100 using the symbol…

Ratio

A comparison of two numbers using division.

Unit Rate

A rate with a denominator of 1.