Percentages Vocabulary

Definition: A ratio compares values

Fact to know: A ratio can be written in three ways; with a colon, as a fraction, or using the word "to"

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Definition: Fractions that have the same value but look different

Fact to know: You can tell if fractions are equivalent by using cross multiplication

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Definition: A relationship between two equivalent ratios/fractions

Fact to know: You can tell if two fractions are equivalent by using cross multiplication

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Definition: A specific part of 100

Fact to know: A Percent can also be written as a Decimal or a Fraction

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Definition: Money that the government collects based on income, sales, and other activities.

Fact to know: sales tax is based on a certain percentage of whatever is being bought

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Definition: an amount given to someone providing a service that is added on to the total owed

Fact to know: the amount of a tip is chosen by whoever received the service.

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