Question

A government collects $700 billion annually in tax revenue. Each year it allocates $70 billion to the justice system and $130 billion for its own administrative costs. What percentage of annual tax revenue is allocated to these two categories of government spending?

Answer 1

Answer:

% in Justice system: 10%

% in administrative costs: 18.57%

Explanation:

To know the percentage of annual tax revenue allocated to justice system and administrative costs you can use this formula:

%=(quantity/total)*100

"Quantity" in this case refers to the amount of money that government spends on each category. And "total" is the total amount of money that the government collects. Then,

% in Justice system:

($70billion/$700 billion)*100 = 10%

% in administrative costs:

($130 billion/$700 billion)*100= 18.57%