Answer:
20%
Step-by-step explanation:
Well, it's actually relatively simple.
The first thing to do would be to write this in a fraction form. You payed 72,000 out of 360,000.
72,000/360,000.
now you take that fraction, and convert it's to its decimal form which will give you a 0.2.
0.2 in decimal form is converted to 20.0% (when you convert a decimal to a fraction, you multiply by 100, or move the decimal two places to the right).
Another way to do this is simplifying the fraction.
take 72,000/360,000 and find what X is when
72,000/360,000 = x/100
you will find that 72,000/360,000 Is equal to 20/100. since percents are calculated as out of a hundred. your answer would still come out as 20%
