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Match each term with its definition.


___________ Sales tax
Difference between money earned and money spent.


2.
___________ Gross wage
A reduction in the original selling price.


3.
___________ Profit


Price that is printed on an item.


4.
___________ Discount
Value added on goods and services.


5.
___________ Loss
The sum of the basic wage and commission.






Occurs when an item is sold for less than its cost.

Respuesta :

1. Sales tax - Value added on goods and services.

2.  Gross wage - The sum of the basic wage and commission.

3.  Profit - Difference between money earned and money spent.

4.  Discount - A reduction in the original selling price.

5. Loss - Occurs when an item is sold for less than its cost.

6. Marked Price - Price that is printed on an item.

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