Percentages bingo

Exercise and reference answers

Clues and terms

1. Clue

   Reduction on the marked price.

   Item

   Discount

2. Clue

   Same as the list price; the base for discount.

   Item

   Marked price

3. Clue

   Charged on selling price and added to the bill.

   Item

   Sales tax

4. Clue

   Goods and Services Tax, from July 2017.

   Item

   GST

5. Clue

   Tax already included in the price.

   Item

   VAT

6. Clue

   Extra money a bank pays on deposits.

   Item

   Interest

7. Clue

   Interest worked out on last year's amount.

   Item

   Compound

8. Clue

   Value lost through use and age.

   Item

   Depreciation

9. Clue

   Extra expenses added to the cost price.

   Item

   Overhead

Instructions

Read each clue and tap the term it describes.

Explanation