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 $49,000 down payment be?
Their down payment is % of the purchase price.

Answer 1

Explanation:

if the price of the apartment is 140,000 dollars

lets find out how much is 1%

140,000/100=1400

42,000/1400=30

42,000 is 30% of the apt price

49,000/1400=35

49,000 is 35% of the apt price

Answer 2

their down payment is 30%

Explanation: