Investors buy a studio apartment for $200,000. Of this amount, they have a down payment of $30,000. Their down payment is what percent of the purchase price? What percent of the purchase price would an $80,000 down payment be?

$30,000 down payment is 15% of purchase price

$80,000 down payment would be 40% of purchase price

Step-by-step explanation:

x = percent of purchase price

30,000 = 200,000x

3/20 = x

3/20 = 15/100 = 15%

80,000 = 200,000x

8/20 = x

8/20 = 40/100 = 40%

x^6

step-by-step explanation:

this is correct because:

x-6=0

0*x=0

so

x^6

true

step-by-step explanation: