Question

Investors buy a studio apartment for $140,000. Of this amount , they have a down payment of $42,000. Their down payment is what percent of the purchase price? What percent of the purchase price would a $63,000 down payment be? ​

Answer 1

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To find the percentage of the down payment to the purchase price, just multiply the down payment by 100 and divide the result by the purchase

To find the percentage of the down payment to the purchase price, just multiply the down payment by 100 and divide the result by the purchasei.e 15,000 x 100/ 150,000= 10%

To find the percentage of the down payment to the purchase price, just multiply the down payment by 100 and divide the result by the purchasei.e 15,000 x 100/ 150,000= 10%Also for the second part, multiply the down payment by 100 and divide by the purchase price

To find the percentage of the down payment to the purchase price, just multiply the down payment by 100 and divide the result by the purchasei.e 15,000 x 100/ 150,000= 10%Also for the second part, multiply the down payment by 100 and divide by the purchase pricei.e 67,500 x 100 / 150,000= 45%

Answer 2

Answer:

• 25%

• 40%

Step-by-step explanation:

Cost of apartment = 140000 Down payment = 35000

Down payment of 35000 is:

• 35000/140000*100% = 25%

• Down payment of 56000 is:

• 56000/140000*100% = 40%