Gloria bought a coat through a payment plan. The coat was 75 and her payments were 15 each. What percent of the total cost are the payments?
Question
Solution
To find out what percent of the total cost are the payments, follow these steps:
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First, identify the total cost of the coat, which is $75.
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Then, identify the amount of each payment, which is $15.
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To find out what percent of the total cost each payment is, divide the amount of each payment by the total cost. So, 75 equals 0.2.
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To convert this number into a percentage, multiply by 100. So, 0.2 times 100 equals 20.
Therefore, each payment is 20% of the total cost of the coat.
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