Investors buy a studio apartment for $180,000. Of this amount, they have a down payment of $27,000. Their down payment is what percent of the purchase price? What percent of the purchase price would a $63,000 down payment be?

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Mathematics

2 November, 03:31

Investors buy a studio apartment for $180,000. Of this amount, they have a down payment of $27,000. Their down payment is what percent of the purchase price? What percent of the purchase price would a $63,000 down payment be?

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Harold West · Answer 1

27,000 is 15% of 180,000 because if you divide 27,000 by 180,000 you will get 0.15 then you will need to multiply that answer by 100 to get 15%.

63,000 is 35% of 180,000 because if you divide 63,000 by 180,000 you will get 0.35 then you will need to multiply that answer by 100 to get %