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If state B spent $380 million on education in 2005, how much did that

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Carcass
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If state B spent $380 million on education in 2005, how much did that [#permalink] New post   29 Mar 2022, 02:00
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If state B spent $380 million on education in 2005, how much did that state spend in 2000 (rounded to the nearest tenth of a million)?

$364.8 million
$365.4 million
$368.9 million
$391.4 million
$395.2 million


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AkkuJi
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Re: If state B spent $380 million on education in 2005, how much did that [#permalink] New post   29 Mar 2022, 11:03
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Since there is a increase of 4% in education budget from 2000 to 2005, 2000 figures should be 4% less than $380 M

So 380 * 0.96 = $364.8 M

Ans should be option A
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mehrdadvlc
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Re: If state B spent $380 million on education in 2005, how much did that [#permalink] New post   03 Apr 2022, 03:02
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AkkuJi wrote:
Since there is a increase of 4% in education budget from 2000 to 2005, 2000 figures should be 4% less than $380 M

So 380 * 0.96 = $364.8 M

Ans should be option A

Let x be the amount on 2000, Then:
X+0.04x=380 on 2005

Therefore, X=365.38
Option B
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AkkuJi
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Re: If state B spent $380 million on education in 2005, how much did that [#permalink] New post   03 Apr 2022, 05:36
mehrdadvlc wrote:
AkkuJi wrote:
Since there is a increase of 4% in education budget from 2000 to 2005, 2000 figures should be 4% less than $380 M

So 380 * 0.96 = $364.8 M

Ans should be option A

Let x be the amount on 2000, Then:
X+0.04x=380 on 2005

Therefore, X=365.38
Option B


Thanks mehrdadvlc, 380/1.04 would defiantly get me to that :) :) :) :)
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