The bakery you choose cost $1000 per month.
The bakery that you almost rented was one fourth for the cost: 1/4 of $1000.
When you have a fraction of a quantity you have to multiply the fraction by the value. Doing so, we have:
[tex]\begin{gathered} \frac{1}{4}\cdot1000 \\ \frac{1}{4}\cdot\frac{1000}{1}\text{ (Converting 1000 to a fraction)} \\ \frac{1000}{4}\text{ (Multiplying the numerators and then the denominators)} \\ 250\text{ (Dividing)} \\ \text{The answer is \$250} \end{gathered}[/tex]