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A government official is found guilty of corruption and is fined $20,000. If he

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Question: A government official is found guilty of corruption and is fined $20,000. If he has to pay this fine in 5 equal installments, how much does he pay per installment?

Options:

  1. $2,000
  2. $4,000
  3. $5,000
  4. $6,000

Correct Answer: $4,000

Solution:

$20,000 divided by 5 equals $4,000.

A government official is found guilty of corruption and is fined $20,000. If he

Practice Questions

Q1
A government official is found guilty of corruption and is fined $20,000. If he has to pay this fine in 5 equal installments, how much does he pay per installment?
  1. $2,000
  2. $4,000
  3. $5,000
  4. $6,000

Questions & Step-by-Step Solutions

A government official is found guilty of corruption and is fined $20,000. If he has to pay this fine in 5 equal installments, how much does he pay per installment?
  • Step 1: Identify the total fine amount, which is $20,000.
  • Step 2: Identify the number of installments, which is 5.
  • Step 3: To find out how much to pay per installment, divide the total fine by the number of installments.
  • Step 4: Perform the division: $20,000 divided by 5.
  • Step 5: Calculate the result, which is $4,000.
  • Step 6: Conclude that the amount paid per installment is $4,000.
  • Division – The process of dividing a total amount into equal parts.
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