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14 Cards in this Set

  • Front
  • Back

Percent

Out of 100


Cost price

The money paid


by a shopkeeper


to buy an item


Selling price

The money received


by shopkeeper on


selling an item


Profit

The excess of selling


price of goods over


their cost price


Loss

An amount by which


the cost price exceeds


its selling price


Principal

The money borrowed


originally


Interest

The additional money


paid by the borrower


to the lender after


specified period of


time


Amount

Total money paid to


the lender means


( principal plus interest)


Rate

The interest paid


yearly or per annum


on every hundred


rupees


Time

The period for which


the money has been


borrowed


Simple interes

When the interest


paid every year remains


the same is called simple


interest


Borrow

To take from


Expenditure

An expenditure is


money spent on


something


Illiterate

Uneducated