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If a national event has a budget of $2,500,000 and 30% is spent on logistics, ho

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Question: If a national event has a budget of $2,500,000 and 30% is spent on logistics, how much is spent on logistics?

Options:

  1. $750,000
  2. $500,000
  3. $600,000
  4. $700,000

Correct Answer: $750,000

Solution: 

Amount spent on logistics = 2,500,000 * 0.30 = $750,000.

If a national event has a budget of $2,500,000 and 30% is spent on logistics, ho

Practice Questions

Q1
If a national event has a budget of $2,500,000 and 30% is spent on logistics, how much is spent on logistics?
  1. $750,000
  2. $500,000
  3. $600,000
  4. $700,000

Questions & Step-by-Step Solutions

If a national event has a budget of $2,500,000 and 30% is spent on logistics, how much is spent on logistics?
  • Step 1: Identify the total budget for the national event, which is $2,500,000.
  • Step 2: Determine the percentage of the budget that is spent on logistics, which is 30%.
  • Step 3: Convert the percentage from a whole number to a decimal. 30% as a decimal is 0.30.
  • Step 4: Multiply the total budget by the decimal to find the amount spent on logistics: $2,500,000 * 0.30.
  • Step 5: Calculate the result of the multiplication, which is $750,000.
  • Percentage Calculation – Understanding how to calculate a percentage of a total amount.
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