Question

Learn with an example Last year, the city of Kingwood experienced a budget deficit of $843,130. In comparison, the expected deficit for this year is 40% more. What is this year's expected deficit?

Answer 1

the budget deficit is,D = 843,130 $

the 40 % of the deficit is,

$=843130\times\frac{40}{100}$$\begin{gathered} =84313\times4 \\ =337252\text{ \ } \end{gathered}$

so, this year deficit is,

= D + 337252

= 843130 + 337252

= 1180382 $

thus, the total deficit of this year is 1180382 $