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"Ten cents on the dollar" is what somebody is paying compared to what they actually owe. For every dollar of debt, they are paying ten cents--not an additional ten cents. So if they owe $10, they are paying $1.

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Q: Meaning of ten cents on the dollar?
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Related questions

Where did the phrase ten cents come from?

From the division of a dollar: "Ten Cents" is ten percent of a dollar.


What fraction of a dollar is equal to ten cents?

Ten cents = 1/10 of a dollar.


How many 10 cents make up 1 dollar?

1 dollar = 100 cents = 10*10 cents. So ten lots of 10 cents make 1 dollar.1 dollar = 100 cents = 10*10 cents. So ten lots of 10 cents make 1 dollar.1 dollar = 100 cents = 10*10 cents. So ten lots of 10 cents make 1 dollar.1 dollar = 100 cents = 10*10 cents. So ten lots of 10 cents make 1 dollar.


Which of these terms best describe buying on margin during the 1920's?

paying ten cents on the dollar for stock paying ten cents on the dollar for stock paying ten cents on the dollar for stock paying ten cents on a dollar of stock


Is Ten percent of One Dollar ........Ten Cents?

Yes


How many cents in a tenth of a dollar?

Ten of them.


What fraction of a dollar is 10 cents?

Ten cents is 1/10 of a dollar. Twenty cents is 2/10 of a dollar, or 1/5 of a dollar. Twenty five cents is 2.5/10 of a dollar, or 1/4 of a dollar. and so on.


What is ten percent of 1 dollar?

It is 10 cents.


What is ten percent of a dollar?

it equals 10 dollar cents or one Dime


1000 cents is equal to how many dollars?

100 cents = 1 dollar. 1000 cents= ten dollars


How much change would you get from dollar if you spent ninety cents?

10 (ten) cents


How do you round 67.18 to the nearest ten cents then to the nearest dollar?

To the nearest ten cents it will round up to give 67.20 as your answer. It would round down to 67 for the nearest dollar.