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If a government scheme has a budget of ₹1.2 billion and 25% is allocated for edu
Practice Questions
Q1
If a government scheme has a budget of ₹1.2 billion and 25% is allocated for education, how much is allocated for education?
₹200 million
₹300 million
₹400 million
₹500 million
Questions & Step-by-Step Solutions
If a government scheme has a budget of ₹1.2 billion and 25% is allocated for education, how much is allocated for education?
Steps
Concepts
Step 1: Understand that 25% means 25 out of every 100 parts.
Step 2: Convert ₹1.2 billion into a simpler number. ₹1.2 billion is the same as ₹1200 million.
Step 3: Calculate 25% of ₹1200 million. To do this, multiply ₹1200 million by 0.25 (which is the decimal form of 25%).
Step 4: Perform the multiplication: 0.25 * 1200 = ₹300 million.
Step 5: Conclude that ₹300 million is allocated for education.
Percentage Calculation
– Understanding how to calculate a percentage of a given amount.
Budget Allocation
– Interpreting budget figures and their allocations to specific sectors.
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