A multinational corporation allocated a total annual training budget of 140,000 dollars across its three major divisions: Sales, Information Technology (IT), and Human Resources (HR). According to the financial distribution guidelines, the IT division received exactly 20% more funding than the Sales division. Meanwhile, the HR division was allocated exactly half of the amount given to the IT division. If the HR division dedicates 40% of its allocated training budget specifically to onboarding programs, what is the exact amount (in dollars) spent by the HR division on onboarding?
Answer: 12000 dollars
Answer
12000
By converting the text into an algebraic equation, we establish the Sales budget as , IT as , and HR as . The sum equals 140,000 dollars, making . The HR division receives , which is 30,000 dollars. Finally, taking 40% of the HR division's 30,000 dollar budget yields 12,000 dollars for onboarding programs.
Step-by-Step Solution
Key Concept
Extracting quantitative relationships from text to form algebraic equations and calculating sequential percentages.