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A UN initiative aims to reduce poverty by 30% over 5 years. If the current pover

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Question: A UN initiative aims to reduce poverty by 30% over 5 years. If the current poverty rate is 20%, what will be the target poverty rate after 5 years?

Options:

  1. 10%
  2. 12%
  3. 14%
  4. 15%

Correct Answer: 10%

Solution: 

A 30% reduction of 20% is 20% * 0.30 = 6%, so the target poverty rate will be 20% - 6% = 14%.

A UN initiative aims to reduce poverty by 30% over 5 years. If the current pover

Practice Questions

Q1
A UN initiative aims to reduce poverty by 30% over 5 years. If the current poverty rate is 20%, what will be the target poverty rate after 5 years?
  1. 10%
  2. 12%
  3. 14%
  4. 15%

Questions & Step-by-Step Solutions

A UN initiative aims to reduce poverty by 30% over 5 years. If the current poverty rate is 20%, what will be the target poverty rate after 5 years?
  • Step 1: Identify the current poverty rate, which is 20%.
  • Step 2: Determine the percentage reduction aimed by the UN initiative, which is 30%.
  • Step 3: Calculate the amount of reduction by multiplying the current poverty rate by the percentage reduction: 20% * 0.30.
  • Step 4: Perform the multiplication: 20% * 0.30 = 6%.
  • Step 5: Subtract the reduction amount from the current poverty rate: 20% - 6%.
  • Step 6: Perform the subtraction: 20% - 6% = 14%.
  • Step 7: Conclude that the target poverty rate after 5 years will be 14%.
  • Percentage Reduction – Understanding how to calculate a percentage reduction from a given value.
  • Basic Arithmetic – Performing basic subtraction after calculating the reduction.
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