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Flashcards by Ms. Cassie Weitzenkamp, CPA, MPA, updated more than 1 year 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 of. |
| 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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