Question

I’LL GIVE YA BRAINLESS!! I need the answer ASAP

Investors buy a studio apartment for $240,000. Of this​ amount, they have a down payment of $72,000. Their down payment is what percent of the purchase​ price? What percent of the purchase price would a ​$96,000 down payment​ be?

Answer 1

Answer: The answers are 20% and 40%

Explanation:

Cost price is $240,000

The percentage of $48000 will be

(48000/240000) × 100

= 20%

The percentage of $96000 will be

(96000/240000) ×100

= 40%