A Gram Panchayat has a budget of Rs. 500000. If it spends Rs. 200000 on infrastr

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Question: A Gram Panchayat has a budget of Rs. 500000. If it spends Rs. 200000 on infrastructure, what percentage of the budget is left?

Options:

Correct Answer: 60%

Solution:

Remaining budget = 500000 - 200000 = 300000. Percentage left = (300000 / 500000) * 100 = 60%.

A Gram Panchayat has a budget of Rs. 500000. If it spends Rs. 200000 on infrastructure, what percentage of the budget is left?

A Gram Panchayat has a budget of Rs. 500000. If it spends Rs. 200000 on infrastructure, what percentage of the budget is left?

Step 1: Identify the total budget of the Gram Panchayat, which is Rs. 500000.
Step 2: Identify the amount spent on infrastructure, which is Rs. 200000.
Step 3: Calculate the remaining budget by subtracting the amount spent from the total budget: 500000 - 200000.
Step 4: The result of the subtraction gives you the remaining budget, which is Rs. 300000.
Step 5: To find the percentage of the budget that is left, divide the remaining budget by the total budget: 300000 / 500000.
Step 6: Multiply the result by 100 to convert it into a percentage: (300000 / 500000) * 100.
Step 7: The final result is 60%, which means 60% of the budget is left.

Percentage Calculation – Understanding how to calculate the remaining budget as a percentage of the total budget.
Budget Management – Basic principles of managing and allocating a budget effectively.