A certain country has a budget of $1,200,000 for education. If 40% of the budget
Practice Questions
Q1
A certain country has a budget of $1,200,000 for education. If 40% of the budget is allocated to primary education, how much money is allocated to primary education? (2020)
$480,000
$500,000
$600,000
$400,000
Questions & Step-by-Step Solutions
A certain country has a budget of $1,200,000 for education. If 40% of the budget is allocated to primary education, how much money is allocated to primary education? (2020)
Step 1: Identify the total budget for education, which is $1,200,000.
Step 2: Determine the percentage of the budget allocated to primary education, which is 40%.
Step 3: Convert the percentage into a decimal for calculation. 40% as a decimal is 0.40.
Step 4: Multiply the total budget by the decimal to find the amount allocated to primary education: $1,200,000 * 0.40.
Step 5: Calculate the result of the multiplication, which is $480,000.
Percentage Calculation – Understanding how to calculate a percentage of a total amount.
Budget Allocation – Interpreting budgetary figures and their distribution across different sectors.