Question

A family buys a studio apartment for$180,000 . They pay a down payment of $18,000 .

a. Their down payment is what percent of the purchase​ price?
b. What percent of the purchase price would a ​$9,000 down payment​ be?

Answer 1

a. 10%

b. 5%

Explanation:

18000/180000 = .10 or 10%

9000/180000 = .05 or 5%