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A subsidy scheme allocates ₹1,00,000 for 4 projects. If one project receives ₹30

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Question: A subsidy scheme allocates ₹1,00,000 for 4 projects. If one project receives ₹30,000, what percentage of the total budget does this project consume?

Options:

  1. 20%
  2. 25%
  3. 30%
  4. 35%

Correct Answer: 30%

Solution: 

Percentage consumed = (₹30,000 / ₹1,00,000) * 100 = 30%.

A subsidy scheme allocates ₹1,00,000 for 4 projects. If one project receives ₹30

Practice Questions

Q1
A subsidy scheme allocates ₹1,00,000 for 4 projects. If one project receives ₹30,000, what percentage of the total budget does this project consume?
  1. 20%
  2. 25%
  3. 30%
  4. 35%

Questions & Step-by-Step Solutions

A subsidy scheme allocates ₹1,00,000 for 4 projects. If one project receives ₹30,000, what percentage of the total budget does this project consume?
  • Step 1: Identify the total budget allocated for the projects, which is ₹1,00,000.
  • Step 2: Identify the amount received by the specific project, which is ₹30,000.
  • Step 3: Divide the amount received by the project (₹30,000) by the total budget (₹1,00,000).
  • Step 4: Calculate the result of the division: ₹30,000 / ₹1,00,000 = 0.3.
  • Step 5: To find the percentage, multiply the result (0.3) by 100.
  • Step 6: The final result is 0.3 * 100 = 30%. This means the project consumes 30% of the total budget.
  • Percentage Calculation – Understanding how to calculate the percentage of a part relative to a whole.
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