If a global organization has 12 member countries and each country contributes eq
Practice Questions
Q1
If a global organization has 12 member countries and each country contributes equally to a fund of $240 million, how much does each country contribute? (2023)
$15 million
$20 million
$25 million
$30 million
Questions & Step-by-Step Solutions
If a global organization has 12 member countries and each country contributes equally to a fund of $240 million, how much does each country contribute? (2023)
Step 1: Identify the total amount of money in the fund, which is $240 million.
Step 2: Identify the number of member countries, which is 12.
Step 3: To find out how much each country contributes, divide the total fund by the number of countries.
Step 4: Perform the calculation: $240 million divided by 12.
Step 5: The result of the calculation is $20 million, which is the contribution from each country.
Division – The question tests the ability to perform division to find the contribution per country.
Understanding of Units – The question requires understanding of monetary units (millions) and their proper handling in calculations.
