A student receives a grant of $8000, which is to be divided among 5 projects. If
Practice Questions
Q1
A student receives a grant of $8000, which is to be divided among 5 projects. If one project requires 40% of the total grant, how much money is allocated to that project? (2021)
$3200
$3000
$2800
$3500
Questions & Step-by-Step Solutions
A student receives a grant of $8000, which is to be divided among 5 projects. If one project requires 40% of the total grant, how much money is allocated to that project? (2021)
Step 1: Identify the total amount of the grant, which is $8000.
Step 2: Determine the percentage of the grant allocated to the project, which is 40%.
Step 3: Convert the percentage into a fraction by dividing 40 by 100, which gives you 0.40.
Step 4: Multiply the total grant amount ($8000) by the fraction (0.40) to find the amount allocated to the project.
Step 5: Calculate 0.40 * 8000, which equals $3200.
Percentage Calculation – Understanding how to calculate a percentage of a total amount.
Basic Arithmetic – Applying multiplication and division to solve for the allocated amount.
