Question

Investors buy a studio apartment for . 120,000 Of this​ amount, they have a down payment of 12,000. Their down payment is what percent of the purchase​ price? What percent of the purchase price would a ​$42,000 down payment​ be?

Answer 1

Explanation:

Percent means per one hundred

p/100=12000/120000

p=10%

p/100=42000/120000

p=35%