Question

A family buys a studio apartment for 150,000. They pay a down payment of $22,500. a)Their down payment is what percent of the purchase​ price? b) What percent of the purchase price would a ​$7500 down payment​ be?

Answer 1

15% and 40%

Explanation:

22500/150000 is 15/100 or 15%

60000/150000 is 40/100 or 40%