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A certain country has a budget of $1,200,000 for education. If 40% of the budget

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Question: 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)

Options:

  1. $480,000
  2. $500,000
  3. $600,000
  4. $400,000

Correct Answer: $480,000

Exam Year: 2020

Solution:

Amount allocated to primary education = 1,200,000 * 0.40 = $480,000.

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)
  1. $480,000
  2. $500,000
  3. $600,000
  4. $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.
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