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A city has a budget of $500,000. If it spends $200,000 on infrastructure and $15

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Question: A city has a budget of $500,000. If it spends $200,000 on infrastructure and $150,000 on education, what percentage of the budget is left?

Options:

  1. 30%
  2. 40%
  3. 50%
  4. 20%

Correct Answer: 40%

Solution: 

Total spent = $200,000 + $150,000 = $350,000. Remaining = $500,000 - $350,000 = $150,000. Percentage left = ($150,000 / $500,000) * 100 = 30%.

A city has a budget of $500,000. If it spends $200,000 on infrastructure and $15

Practice Questions

Q1
A city has a budget of $500,000. If it spends $200,000 on infrastructure and $150,000 on education, what percentage of the budget is left?
  1. 30%
  2. 40%
  3. 50%
  4. 20%

Questions & Step-by-Step Solutions

A city has a budget of $500,000. If it spends $200,000 on infrastructure and $150,000 on education, what percentage of the budget is left?
  • Step 1: Identify the total budget of the city, which is $500,000.
  • Step 2: Determine how much money is spent on infrastructure, which is $200,000.
  • Step 3: Determine how much money is spent on education, which is $150,000.
  • Step 4: Add the amounts spent on infrastructure and education together: $200,000 + $150,000 = $350,000.
  • Step 5: Subtract the total amount spent from the total budget to find the remaining budget: $500,000 - $350,000 = $150,000.
  • Step 6: To find the percentage of the budget that is left, divide the remaining budget by the total budget: $150,000 / $500,000.
  • Step 7: Multiply the result by 100 to convert it to a percentage: ($150,000 / $500,000) * 100 = 30%.
  • Budgeting – Understanding how to calculate remaining funds after expenditures.
  • Percentage Calculation – Calculating the percentage of the remaining budget relative to the total budget.
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