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A public policy is implemented to reduce corruption by 25%. If the initial corru

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Question: A public policy is implemented to reduce corruption by 25%. If the initial corruption level was estimated at $1,000,000, what is the new estimated corruption level?

Options:

  1. $500,000
  2. $750,000
  3. $800,000
  4. $900,000

Correct Answer: $750,000

Solution: 

25% of $1,000,000 is $250,000. Therefore, $1,000,000 - $250,000 = $750,000.

A public policy is implemented to reduce corruption by 25%. If the initial corru

Practice Questions

Q1
A public policy is implemented to reduce corruption by 25%. If the initial corruption level was estimated at $1,000,000, what is the new estimated corruption level?
  1. $500,000
  2. $750,000
  3. $800,000
  4. $900,000

Questions & Step-by-Step Solutions

A public policy is implemented to reduce corruption by 25%. If the initial corruption level was estimated at $1,000,000, what is the new estimated corruption level?
  • Step 1: Identify the initial corruption level, which is $1,000,000.
  • Step 2: Calculate 25% of the initial corruption level. To do this, multiply $1,000,000 by 0.25.
  • Step 3: The result of the multiplication is $250,000. This is the amount of corruption that will be reduced.
  • Step 4: Subtract the reduction amount ($250,000) from the initial corruption level ($1,000,000).
  • Step 5: The new estimated corruption level is $750,000.
  • Percentage Calculation – Understanding how to calculate a percentage of a given amount and apply it to find a new value.
  • Subtraction of Values – Applying the calculated percentage reduction to the initial value to find the new estimated value.
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