Question

Mr. And Mrs. Jenkins wanted to make a down payment of $25,000 on a house. If the house costs $125,000, what percent is this?

Answer 1

20%

Explanation:

Mr. And Mrs. Jenkins wanted to make a down payment of $25,000 on a house. If the house costs $125,000, what percent is this?

The Percentage of the down payment is given as:

Down payment/Cost of the house × 100

Down payment = $25,000

Cost of the house = $125,000

$25,000/$125,000 × 100

= 20%

The percentage is 20%