Step 1: Calculate the rent as a percentage of the purchase price:
N360 ÷ N1800 = 0.2
Step 2: Convert the percentage to a ratio:
0.2 = 1:5
Therefore, the ratio of the annual rent to the purchase price is 1:5.
A man bought a house for N1800 a d received N360 as rent for a year. What is the ratio of the annual rent to the purchase price?
Show workings bit by bit
1 answer
2 answers