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If a manager has a budget of $50,000 and spends 60% on marketing, how much is le

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Question: If a manager has a budget of $50,000 and spends 60% on marketing, how much is left for other expenses?

Options:

  1. $20,000
  2. $25,000
  3. $30,000
  4. $35,000

Correct Answer: $25,000

Solution:

60% of $50,000 is $30,000, leaving $20,000 for other expenses.

If a manager has a budget of $50,000 and spends 60% on marketing, how much is le

Practice Questions

Q1
If a manager has a budget of $50,000 and spends 60% on marketing, how much is left for other expenses?
  1. $20,000
  2. $25,000
  3. $30,000
  4. $35,000

Questions & Step-by-Step Solutions

If a manager has a budget of $50,000 and spends 60% on marketing, how much is left for other expenses?
  • Step 1: Identify the total budget, which is $50,000.
  • Step 2: Calculate 60% of the budget. To do this, multiply $50,000 by 0.60.
  • Step 3: Perform the multiplication: $50,000 * 0.60 = $30,000.
  • Step 4: Subtract the amount spent on marketing from the total budget. So, $50,000 - $30,000.
  • Step 5: Perform the subtraction: $50,000 - $30,000 = $20,000.
  • Step 6: The remaining amount for other expenses is $20,000.
  • Percentage Calculation – Understanding how to calculate a percentage of a total amount.
  • Budget Allocation – Determining how much money remains after a portion has been allocated to a specific category.
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