If a government scheme provides a subsidy of $200 per month to 150 families, wha

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Question: If a government scheme provides a subsidy of $200 per month to 150 families, what is the total subsidy provided in a year?

Options:

Correct Answer: $36000

Solution:

Total subsidy per year = $200 * 150 families * 12 months = $360000.

If a government scheme provides a subsidy of $200 per month to 150 families, what is the total subsidy provided in a year?

If a government scheme provides a subsidy of $200 per month to 150 families, what is the total subsidy provided in a year?

Step 1: Identify the monthly subsidy amount, which is $200.
Step 2: Identify the number of families receiving the subsidy, which is 150 families.
Step 3: Calculate the total monthly subsidy by multiplying the monthly subsidy amount by the number of families: $200 * 150 families.
Step 4: Calculate the total monthly subsidy: $200 * 150 = $30000.
Step 5: Identify the number of months in a year, which is 12 months.
Step 6: Calculate the total subsidy for the year by multiplying the total monthly subsidy by the number of months: $30000 * 12 months.
Step 7: Calculate the total subsidy for the year: $30000 * 12 = $360000.

Multiplication of Monthly Subsidy – Calculating the total subsidy involves multiplying the monthly subsidy amount by the number of families and the number of months in a year.
Annual Calculation – Understanding how to convert a monthly figure into an annual figure by multiplying by 12.