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If a national event has a budget of $2,000,000 and 25% is spent on logistics, ho

Practice Questions

Q1
If a national event has a budget of $2,000,000 and 25% is spent on logistics, how much is spent on logistics?
  1. $500,000
  2. $600,000
  3. $400,000
  4. $300,000

Questions & Step-by-Step Solutions

If a national event has a budget of $2,000,000 and 25% is spent on logistics, how much is spent on logistics?
  • Step 1: Identify the total budget for the national event, which is $2,000,000.
  • Step 2: Determine the percentage of the budget that is spent on logistics, which is 25%.
  • Step 3: Convert the percentage into a decimal for calculation. 25% as a decimal is 0.25.
  • Step 4: Multiply the total budget by the decimal to find the amount spent on logistics: $2,000,000 * 0.25.
  • Step 5: Calculate the result of the multiplication, which is $500,000.
  • Percentage Calculation – Understanding how to calculate a percentage of a total amount.
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