Answer:
$54,000 is 30% of $180,000 and $72,000 is 40% of $180,000.
Step-by-step explanation:
Given:
Investors buy a studio apartment for $180,000.
Of this amount, they have a down payment of $54,000.
Now, to find the down payment is what percent of the purchase price, and $72,000 down payment is what percent of purchase price.
Purchase price = $180,000.
Down payment = $54,000.
So, to get the percent:
[tex]\frac{54000}{180000} \times 100[/tex]
[tex]=0.3\times 100[/tex]
[tex]=30\%.[/tex]
So, $54,000 is 30% of $180,000.
Now, to get the percent of $72,000 down payment:
[tex]\frac{72000}{180000} \times 100[/tex]
[tex]=0.4\times 100[/tex]
[tex]=40\%.[/tex]
So, $72,000 is 40% of $180,000.
Therefore, $54,000 is 30% of $180,000 and $72,000 is 40% of $180,000.