A student receives a grant of $8000, which is to be divided among 5 projects. If

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What’s inside this PDF?

Question: 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)

Options:

$3200
$3000
$2800
$3500

Correct Answer: $3200

Exam Year: 2021

Solution:

Amount allocated to the project = 40/100 * 8000 = $3200.

A student receives a grant of $8000, which is to be divided among 5 projects. If

Practice Questions

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.

A student receives a grant of $8000, which is to be divided among 5 projects. If

What’s inside this PDF?

A student receives a grant of $8000, which is to be divided among 5 projects. If

Practice Questions

Questions & Step-by-Step Solutions

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