family buys a studio apartment for $120,000. They pay a down payment of $18,000.
a. Their down payment is what percent of the purchase price?
b. What percent of the purchase price would a $6,000 down payment be?
a. The down payment is 1515% of the purchase price.
(Type a whole number.)
b. A $6,000 down payment would be nothing% of the purchase price.
