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In a rural development scheme, 60% of the budget is allocated for education. If

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Question: In a rural development scheme, 60% of the budget is allocated for education. If the total budget is $120000, how much is allocated for education?

Options:

  1. $72000
  2. $60000
  3. $48000
  4. $36000

Correct Answer: $72000

Solution:

Amount allocated for education = 60% of $120000 = 0.6 * 120000 = $72000.

In a rural development scheme, 60% of the budget is allocated for education. If

Practice Questions

Q1
In a rural development scheme, 60% of the budget is allocated for education. If the total budget is $120000, how much is allocated for education?
  1. $72000
  2. $60000
  3. $48000
  4. $36000

Questions & Step-by-Step Solutions

In a rural development scheme, 60% of the budget is allocated for education. If the total budget is $120000, how much is allocated for education?
  • Step 1: Identify the total budget, which is $120000.
  • Step 2: Determine the percentage allocated for education, which is 60%.
  • Step 3: Convert the percentage into a decimal by dividing by 100. So, 60% becomes 0.6.
  • Step 4: Multiply the total budget by the decimal. This means you calculate 0.6 * 120000.
  • Step 5: Perform the multiplication: 0.6 * 120000 = 72000.
  • Step 6: The result, $72000, is the amount allocated for education.
  • Percentage Calculation – Understanding how to calculate a percentage of a total amount.
  • Budget Allocation – Applying percentage calculations to determine specific allocations within a budget.
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