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A country's budget allocation to various sectors of the economy is shown in the pie...

Economics
JAMB 2018

A country's budget allocation to various sectors of the economy is shown in the pie chart .

 

 If the budget of the country was $7,200.00, how much is allocated to education?

  • A. $2,400.00
  • B. $2,000.00
  • C. $1,200.00
  • D. $1,000.00
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WAEC May/June 2024 - Practice for Objective & Theory - From 1988 till date, download app now - 99995
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Correct Answer: Option A
Explanation

To calculate the budget on education, let x represent the budget on education

  Total budget = $7,200

  Expenditure on education = x/$7200 × 3600 = 1200

  3600x = 1200 × $7200

  x = 1200 × $7200/3600

  x = $2,400

  Therefore, the budget allocated to education is $2,400


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WAEC May/June 2024 - Practice for Objective & Theory - From 1988 till date, download app now - 99995
WAEC Past Questions, Objective & Theory, Study 100% offline, Download app now - 24709
Post-UTME Past Questions - Original materials are available here - Download PDF for your school of choice + 1 year SMS alerts
WAEC offline past questions - with all answers and explanations in one app - Download for free
Post-UTME Past Questions - Original materials are available here - Download PDF for your school of choice + 1 year SMS alerts
WAEC Past Questions, Objective & Theory, Study 100% offline, Download app now - 24709
WAEC offline past questions - with all answers and explanations in one app - Download for free
WAEC May/June 2024 - Practice for Objective & Theory - From 1988 till date, download app now - 99995