Question

In 2010, the Department of Defense's overall budget was approximately $534 billion. In the same year, the Department of Defense budgeted $79.1 billion for research, devel- opment, tests, and evaluations. What percentage of the budget does this represent?

Answer 1

Percentage budget for Research and development is 14.81 %

Given:

Overall department budget = 534 billion dollar

Budget for Research and development = 79.1 billion dollar

To find:

Percentage budget for Research and development = ?

Formula used:

Percentage budget for Research and development =
`(Budget for Research and development)/(overall budget)`

Solution:

Percentage is given by,

Percentage budget for Research and development =
`(Budget for Research and development)/(overall budget)`

Percentage budget for Research and development =
`(79.1)/(534) * 100`

Percentage budget for Research and development = 14.81 %

Thus, Percentage budget for Research and development is 14.81 %