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A charity event raised $10,000. If 25% of the total is allocated for awards, how

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Question: A charity event raised $10,000. If 25% of the total is allocated for awards, how much is allocated?

Options:

  1. $2,500
  2. $3,000
  3. $2,000
  4. $2,800

Correct Answer: $2,500

Solution: 

25% of $10,000 is $2,500.

A charity event raised $10,000. If 25% of the total is allocated for awards, how

Practice Questions

Q1
A charity event raised $10,000. If 25% of the total is allocated for awards, how much is allocated?
  1. $2,500
  2. $3,000
  3. $2,000
  4. $2,800

Questions & Step-by-Step Solutions

A charity event raised $10,000. If 25% of the total is allocated for awards, how much is allocated?
  • Step 1: Understand that 25% means 25 out of 100 parts.
  • Step 2: Convert 25% to a decimal by dividing 25 by 100, which equals 0.25.
  • Step 3: Multiply the total amount raised ($10,000) by the decimal (0.25).
  • Step 4: Calculate $10,000 * 0.25, which equals $2,500.
  • Step 5: Conclude that $2,500 is allocated for awards.
  • Percentage Calculation – Understanding how to calculate a percentage of a total amount.
  • Basic Arithmetic – Performing multiplication to find the value of the percentage.
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