Gonzalez Evans
03/14/2023 · Junior High School
4.2PS-10 Investors buy a studio apartment for \( \$ 150,000 \). Of this amount, they have a down payment of \( \$ 45,000 \). Their down payment is what percent of the purchase price? What percent of the purchase price would a \( \$ 60,000 \) down payment be?
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The down payment is 30% of the purchase price for $45,000, and 40% for $60,000.
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