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A charity organization allocates 20% of its funds to education. If the total fun

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Question: A charity organization allocates 20% of its funds to education. If the total funds are $50,000, how much is allocated to education?

Options:

  1. $8,000
  2. $10,000
  3. $12,000
  4. $15,000

Correct Answer: $10,000

Solution: 

20% of $50,000 is calculated as (20/100) * 50000 = $10,000.

A charity organization allocates 20% of its funds to education. If the total fun

Practice Questions

Q1
A charity organization allocates 20% of its funds to education. If the total funds are $50,000, how much is allocated to education?
  1. $8,000
  2. $10,000
  3. $12,000
  4. $15,000

Questions & Step-by-Step Solutions

A charity organization allocates 20% of its funds to education. If the total funds are $50,000, how much is allocated to education?
  • Step 1: Understand that 20% means 20 out of every 100 parts.
  • Step 2: Convert 20% into a fraction: 20% = 20/100.
  • Step 3: Multiply the total funds ($50,000) by the fraction (20/100).
  • Step 4: Calculate (20/100) * 50000.
  • Step 5: Simplify the calculation: (20 * 50000) / 100.
  • Step 6: Calculate 20 * 50000 = 1000000.
  • Step 7: Divide 1000000 by 100 to get the final amount.
  • Step 8: The result is $10,000, which is the amount allocated to education.
  • Percentage Calculation – Understanding how to calculate a percentage of a total amount.
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