A government annually collects $230 billion in tax revenue and allocates $29 billion to its universal healthcare spending. What percentage of this government's budget is spent on healthcare?

Question

Mathematics

Cesar Herrera

26 April, 04:26

A government annually collects $230 billion in tax revenue and allocates $29 billion to its universal healthcare spending. What percentage of this government's budget is spent on healthcare?

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Answers (1)

Know the Answer?

Branson Ruiz · Answer 1

Answer: the percentage is 13%

Step-by-step explanation:

A government annually collects $230 billion in tax revenue and allocates $29 billion to its universal healthcare spending.

To determine the percentage of this government's budget is spent on

its universal healthcare, we will divide the amount allocated to health care by the annual tax revenue collected by the government and multiply by 100. It becomes

(29000000000/230000000000) * 100

= 12.609

Approximately 13%