jaylenx31
Answered

Explore Westonci.ca, the premier Q&A site that helps you find precise answers to your questions, no matter the topic. Connect with a community of experts ready to provide precise solutions to your questions on our user-friendly Q&A platform. Discover in-depth answers to your questions from a wide network of professionals on our user-friendly Q&A platform.

A family buys a studio apartment for $180,000 . They pay a down payment of 54,000.
a. Their down payment is what percent of the purchase​ price?
b. What percent of the purchase price would a ​$63,000 down payment​ be?

Sagot :

BigBrainPerson123

Answer:

a. 30%

b. 35%

Step-by-step explanation: Their down payment is 30% of the purchase price. If they were to pay a $63,000 down payment, the percent it would be from the purchase price is 35%.  This is only a slight increase in percentage than the original down payment amount.

Have a great day! :)

The down payment 54000 is 30% of $180,000 and 35% of the purchase price would a ​$63,000 down payment​ be.

What is the percentage?

The percentage is defined as a given amount in every hundred. It is a fraction with 100 as the denominator percentage is represented by the one symbol %.

The percentage is also called the indicating hundredths. Thus, 2% is two-hundredth, which means 2%=2/100=0.02.

(a)

As per the given,

Down payment = $54000

Total price = $180,000

% of down payment = (54000/180000)100 = 30%

(b)

Let's say x% be the down payment is $63000

x% of $180,000 = $63000

(x/100)180000 = 63000

x = 35%

Hence "The down payment 54000 is 30% of $180,000 and 35% of the purchase price would a ​$63,000 down payment​ be".

For more about the percentage,

brainly.com/question/13450942

#SPJ1

We appreciate your visit. Our platform is always here to offer accurate and reliable answers. Return anytime. We appreciate your visit. Our platform is always here to offer accurate and reliable answers. Return anytime. Get the answers you need at Westonci.ca. Stay informed with our latest expert advice.