A city plans to increase its public transportation budget by 20% next year. If t

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What’s inside this PDF?

Question: A city plans to increase its public transportation budget by 20% next year. If the current budget is $150 million, what will be the new budget?

Options:

$160 million
$170 million
$180 million
$190 million

Correct Answer: $180 million

Solution:

New budget = $150 million + (20% of $150 million) = $150 million + $30 million = $180 million.

A city plans to increase its public transportation budget by 20% next year. If t

Practice Questions

A city plans to increase its public transportation budget by 20% next year. If the current budget is $150 million, what will be the new budget?

$160 million
$170 million
$180 million
$190 million

Questions & Step-by-Step Solutions

A city plans to increase its public transportation budget by 20% next year. If the current budget is $150 million, what will be the new budget?

Step 1: Identify the current budget, which is $150 million.
Step 2: Calculate 20% of the current budget. To do this, multiply $150 million by 0.20.
Step 3: Perform the multiplication: $150 million * 0.20 = $30 million.
Step 4: Add the result from Step 3 to the current budget. So, $150 million + $30 million.
Step 5: Perform the addition: $150 million + $30 million = $180 million.
Step 6: The new budget will be $180 million.

Percentage Increase – Understanding how to calculate a percentage increase on a given amount.
Basic Arithmetic – Performing addition and multiplication to find the new budget.

A city plans to increase its public transportation budget by 20% next year. If t

What’s inside this PDF?

A city plans to increase its public transportation budget by 20% next year. If t

Practice Questions

Questions & Step-by-Step Solutions

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