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Math Concept Map (Introduction to Coordinates (Transformations of Points…
Math Concept Map
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Percentages
Percentage Change
Percentage Increase
When a quantity changes from a certain value to a greater value, the difference between the original value and the new value is called the INCREASE
When a quantity changes from a certain value to a smaller value, the difference between the original value and the new value is called the Percentage DECREASE
Percentage Change
When a quantity changes value, we can find the change by, change =new value-original value
Profit and Loss
Loss
When the selling price of a product is less than the cost price, the difference between them is the LOSS.
Profit
In our daily life, a shop buys a product and sells it at a different price. The price at which the shop buys the product is called the COST PRICE. The price at which the shop sells the product is called the SELLING PRICE. When the selling price is greater than the cost price, we say that a PROFIT is made.
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Discount
During sales promotions, some shops reduce the prices of their products to attract more customers. The original price of a product is called the MARKED PRICE, and the reduced price is the SELLING PRICE. The difference between them is the DISCOUNT.
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