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A law is passed to reduce the maximum penalty for corruption by 25%. If the orig

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Question: A law is passed to reduce the maximum penalty for corruption by 25%. If the original penalty was $100,000, what is the new maximum penalty?

Options:

  1. $50,000
  2. $60,000
  3. $70,000
  4. $75,000

Correct Answer: $60,000

Solution:

25% of $100,000 is $25,000. Therefore, $100,000 - $25,000 = $75,000.

A law is passed to reduce the maximum penalty for corruption by 25%. If the orig

Practice Questions

Q1
A law is passed to reduce the maximum penalty for corruption by 25%. If the original penalty was $100,000, what is the new maximum penalty?
  1. $50,000
  2. $60,000
  3. $70,000
  4. $75,000

Questions & Step-by-Step Solutions

A law is passed to reduce the maximum penalty for corruption by 25%. If the original penalty was $100,000, what is the new maximum penalty?
  • Step 1: Identify the original penalty amount, which is $100,000.
  • Step 2: Calculate 25% of the original penalty. To do this, multiply $100,000 by 0.25 (which is 25% in decimal form).
  • Step 3: Perform the multiplication: $100,000 * 0.25 = $25,000.
  • Step 4: Subtract the amount calculated in Step 3 from the original penalty. So, $100,000 - $25,000 = $75,000.
  • Step 5: The new maximum penalty after the reduction is $75,000.
  • Percentage Calculation – Understanding how to calculate a percentage of a given amount and apply it to find a new value.
  • Subtraction of Values – Performing subtraction to determine the new maximum penalty after a reduction.
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