Question: A report indicates that 30% of government contracts are awarded through corrupt means. If there are 500 contracts, how many are likely awarded corruptly?
Options:
100
120
150
180
Correct Answer: 150
Solution:
30% of 500 is 150.
A report indicates that 30% of government contracts are awarded through corrupt
Practice Questions
Q1
A report indicates that 30% of government contracts are awarded through corrupt means. If there are 500 contracts, how many are likely awarded corruptly?
100
120
150
180
Questions & Step-by-Step Solutions
A report indicates that 30% of government contracts are awarded through corrupt means. If there are 500 contracts, how many are likely awarded corruptly?
Step 1: Understand that 30% means 30 out of every 100.
Step 2: To find out how many contracts are awarded corruptly, we need to calculate 30% of 500 contracts.
Step 3: Convert 30% to a decimal by dividing 30 by 100, which gives us 0.30.
Step 4: Multiply the total number of contracts (500) by the decimal (0.30).
Step 5: Calculate 500 * 0.30, which equals 150.
Step 6: Conclude that 150 contracts are likely awarded corruptly.
Percentage Calculation – Understanding how to calculate a percentage of a total amount.
Basic Arithmetic – Applying multiplication to find a portion of a whole.
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