QuestionJuly 21, 2025

A government annually collects 320 billion in tax revenue and allocates 42 billion 42 to education spending. What percentage of this government's budget is spent on education? 30.13% 24.50% 12.31% 13.12%

A government annually collects 320 billion in tax revenue and allocates 42 billion 42 to education spending. What percentage of this government's budget is spent on education? 30.13% 24.50% 12.31% 13.12%
A government annually collects 320 billion in tax revenue and allocates 42 billion 42
to education spending. What percentage of this government's budget is spent on
education?
30.13% 
24.50% 
12.31% 
13.12%

Solution
4.6(318 votes)

Answer

13.12\% Explanation 1. Calculate the percentage Use the formula for percentage: **Percentage = \frac{\text{Part}}{\text{Whole}} \times 100**. Here, Part is \42 billion and Whole is \320 billion.

Explanation

1. Calculate the percentage<br /> Use the formula for percentage: **Percentage = \frac{\text{Part}}{\text{Whole}} \times 100**. Here, Part is \$42 billion and Whole is \$320 billion.
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