$240000 for a studio apartment $60000 as a down payment.
In order to find the answer, we use the formula to calculate the percentage for the total cost of the studio apartment and the down payment.
<u>Part A:</u>
<u>Part B:</u>
The percent of a down payment of $60,000 for a $240,000 studio apartment is "25%." While the percent of a $96,000 dollar down payment for a $240,000 studio apartment is "40%."