A rent-to-own house agreement typically involves an option fee. The option fee is usually between 1 percent to 5 percent of the sale price. In a rent-to-own agreement, the owner and the tenant(s) pre-negotiate a future sale price. For instance, the market value of the home may be $150,000 when you sign the agreement.
Step 1: Write down the decimal divided by 1, like this: decimal/1. Step 2: Multiply both top and bottom by 10 for every number after the decimal point.(For example, if there are two numbers after the decimal point, then use 100, if there are three then use 1000, etc.).Step 3: Simplify (or reduce) the fraction.tep 1: Write down the decimal divided by 1, like this: decimal/1. Step 2: Multiply both top and bottom by 10 for every number after the decimal point.
Divide the fraction and then multiply by 100 to change to a percent. Just as you did to convert the fraction to a decimal, divide the numerator by the denominator. Multiply the resulting decimal by 100 and add a percent sign to finish the conversion.