Answer:
15%
Explanation:
Add 195 to 1300, which gives you, 1495.
Use the formula for percent change: Difference = % * original price.
So what is the difference between 1495 and 1300? It’s 195.
Now we have 195 as the difference.
Do we know the original price of the TV? Yes we do. What is it? Its 1300 because the question states the TV costs $1300.
Now we have the equation 195 = % * 1300
We don’t know the percentage, right? So now we have to solve for %. To do that, you have to do 195 divided by 1300, which gives you 0.15. Lastly, you have to turn 0.15 into a percentage, to do that, multiply 0.15 by 100, and it should give you 15%.
Therefore, 15% is the down payment. Hope this helps!