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If a national event has a budget of $1,200,000 and 15% is allocated for marketin
If a national event has a budget of $1,200,000 and 15% is allocated for marketing, how much is spent on marketing?
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Practice Questions
1 question
Q1
If a national event has a budget of $1,200,000 and 15% is allocated for marketing, how much is spent on marketing?
$180,000
$150,000
$200,000
$120,000
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Amount spent on marketing = 1,200,000 * 0.15 = $180,000.
Questions & Step-by-step Solutions
1 item
Q
Q: If a national event has a budget of $1,200,000 and 15% is allocated for marketing, how much is spent on marketing?
Solution:
Amount spent on marketing = 1,200,000 * 0.15 = $180,000.
Steps: 6
Show Steps
Step 1: Identify the total budget for the national event, which is $1,200,000.
Step 2: Determine the percentage allocated for marketing, which is 15%.
Step 3: Convert the percentage into a decimal by dividing by 100. So, 15% becomes 0.15.
Step 4: Multiply the total budget by the decimal to find the amount spent on marketing. This means calculating $1,200,000 * 0.15.
Step 5: Perform the multiplication: $1,200,000 * 0.15 = $180,000.
Step 6: Conclude that the amount spent on marketing is $180,000.
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