Question: If a whistleblower receives a reward of 15% of the total amount recovered from corrupt officials, and the total recovery is $200,000, what is the reward amount?
Options:
$15,000
$20,000
$25,000
$30,000
Correct Answer: $20,000
Solution:
15% of $200,000 is $30,000.
If a whistleblower receives a reward of 15% of the total amount recovered from c
Practice Questions
Q1
If a whistleblower receives a reward of 15% of the total amount recovered from corrupt officials, and the total recovery is $200,000, what is the reward amount?
$15,000
$20,000
$25,000
$30,000
Questions & Step-by-Step Solutions
If a whistleblower receives a reward of 15% of the total amount recovered from corrupt officials, and the total recovery is $200,000, what is the reward amount?
Step 1: Identify the total amount recovered, which is $200,000.
Step 2: Determine the percentage of the reward, which is 15%.
Step 3: Convert the percentage to a decimal by dividing by 100. So, 15% becomes 0.15.
Step 4: Multiply the total amount recovered by the decimal percentage. So, $200,000 * 0.15.
Step 5: Calculate the result of the multiplication, which is $30,000.
Percentage Calculation – Understanding how to calculate a percentage of a total amount.
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