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A government program allocates $5,000,000 to reduce poverty. If they aim to help

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Question: A government program allocates $5,000,000 to reduce poverty. If they aim to help 1,000 families, how much money is allocated per family?

Options:

  1. $4,000
  2. $5,000
  3. $6,000
  4. $7,000

Correct Answer: $5,000

Solution:

Total allocation is $5,000,000 for 1,000 families. Per family: 5000000 / 1000 = $5,000.

A government program allocates $5,000,000 to reduce poverty. If they aim to help

Practice Questions

Q1
A government program allocates $5,000,000 to reduce poverty. If they aim to help 1,000 families, how much money is allocated per family?
  1. $4,000
  2. $5,000
  3. $6,000
  4. $7,000

Questions & Step-by-Step Solutions

A government program allocates $5,000,000 to reduce poverty. If they aim to help 1,000 families, how much money is allocated per family?
  • Step 1: Identify the total amount of money allocated, which is $5,000,000.
  • Step 2: Identify the number of families that will receive help, which is 1,000 families.
  • Step 3: To find out how much money each family gets, divide the total amount by the number of families: $5,000,000 ÷ 1,000.
  • Step 4: Calculate the division: $5,000,000 ÷ 1,000 = $5,000.
  • Step 5: Conclude that each family will receive $5,000.
  • Division – The question tests the ability to divide a total amount by a number of units (families) to find the allocation per unit.
  • Basic Arithmetic – It assesses the understanding of basic arithmetic operations, specifically division.
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