Question: An NGO organizes a fundraising event and raises $12,000. If they allocate 25% of the funds to administrative costs, how much is allocated for administrative costs?
Options:
$3000
$2500
$2000
$4000
Correct Answer: $3000
Solution:
25% of $12,000 is $3000.
An NGO organizes a fundraising event and raises $12,000. If they allocate 25% of
Practice Questions
Q1
An NGO organizes a fundraising event and raises $12,000. If they allocate 25% of the funds to administrative costs, how much is allocated for administrative costs?
$3000
$2500
$2000
$4000
Questions & Step-by-Step Solutions
An NGO organizes a fundraising event and raises $12,000. If they allocate 25% of the funds to administrative costs, how much is allocated for administrative costs?
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 ($12,000) by the decimal (0.25).
Step 4: Calculate $12,000 * 0.25, which equals $3,000.
Step 5: Conclude that $3,000 is allocated for administrative costs.
Percentage Calculation – Understanding how to calculate a percentage of a total amount.
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