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A city allocates $2,000,000 for poverty alleviation. If they plan to help 500 fa

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Question: A city allocates $2,000,000 for poverty alleviation. If they plan to help 500 families, how much will each family receive?

Options:

  1. $3,500
  2. $4,000
  3. $4,500
  4. $5,000

Correct Answer: $4,000

Solution:

Each family will receive 2000000 / 500 = $4,000.

A city allocates $2,000,000 for poverty alleviation. If they plan to help 500 fa

Practice Questions

Q1
A city allocates $2,000,000 for poverty alleviation. If they plan to help 500 families, how much will each family receive?
  1. $3,500
  2. $4,000
  3. $4,500
  4. $5,000

Questions & Step-by-Step Solutions

A city allocates $2,000,000 for poverty alleviation. If they plan to help 500 families, how much will each family receive?
  • Step 1: Identify the total amount of money allocated for poverty alleviation, which is $2,000,000.
  • Step 2: Identify the number of families that will receive help, which is 500 families.
  • Step 3: To find out how much each family will receive, divide the total amount of money by the number of families: $2,000,000 ÷ 500.
  • Step 4: Perform the division: $2,000,000 ÷ 500 = $4,000.
  • Step 5: Conclude that each family will receive $4,000.
  • Division – The question tests the ability to divide a total amount of money by the number of recipients to find the amount each will receive.
  • Basic Arithmetic – It assesses the understanding of basic arithmetic operations, specifically division in this context.
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