The Republic of Krovanias development authority is planning to develo

Question

The Republic of Krovania’s development authority is planning to develop its nine underdeveloped cities. The authority wants to determine how much money each city needs to fund the upcoming development projects. The authority expects to fund the development projects through four sources of funding – state funding, collected in the form of taxes from its citizens; private funding, in the form of revenue generated by the private use of city owned infrastructure; donations from wealthy citizens; and Federal funding. The authority’s objective is to utilize the funding from State and Private Sources, while minimizing the dependency on Federal Sources.

A few cities have received generous donations from high net worth citizens; however, this money is not regular and thus excluded in calculating the funding for these long term development projects. A city is considered inadequately funded if its funding (excluding federal funding sources) covers less than 90% of the city’s projected development expenses. Any surplus funding from state and private sources are deposited in the federal pool of funds used for development projects for the nine cities and may be reallocated among the inadequately funded cities. After the surplus funds are allocated, the federal resources will be used to fund up to 10% for an adequately funded city’s expenses or the amount needed to reach 100% funding, whichever is smaller.

hkkat · Answer

1) E: 586
 D: 150
 H: 92
 = 826 
 (C)

2) Yes City C 210 +340/0.68 = 808 ; 90/808 =11.128 
 City A 350+300/0.82 = ~793; 85/793 = 10...
 Yes adequate: 5, inadequate: 3
 Yes

3) B  
4) G: yes, C: no, L: yes

Please correct my answers

t0nyt0ny · Answer

Could we get official answers for this please?

NoeticImbecile · Answer

In 3) How did you arrive at 'No' for Coni

Deepa444 · Answer

chetan2u   Bunuel   Sajjad1994  can anyone give the explanation for this question?

akshayferdi · Answer

What's the fastest way to calculate for question 3 here? Can  chetan2u   Bunuel   Sajjad1994  please help

vini3860 · Answer

ans of question 3 and 41???

chetan2u · Answer

I think the question is best left alone. The answers for questions 3 and 4 do not make sense.

Even the information in Tabs is unnecessary. Just an example
After the surplus funds are allocated, the federal resources will be used to fund up to 10% for an adequately funded city’s expenses or the amount needed to reach 100% funding, whichever is smaller.

Adequately funded means at least 90%, so 10% for an adequately funded city’s expenses would never be smaller than the amount needed to reach 100% funding, so what purpose does the statement have?.

Chandrakiran5 · Answer

why the city coni not needed additional funding

Agarwal2003 · Answer

Please send the official explaination

Agarwal2003 · Answer

I guess there is some ambiguity for question 3. We don't know how much is the federal fund without surplus

Sketchitesh · Answer

1.  D: (900+750)/1.1=1,500 => Surplus = 1650-1500=150
 E: 2050- (2050/1.4)=585.714 
H: 1240- 1240/1.08=91.852 
Total: 585+150+92=827  (C is correct)

2.

Statement 1 : City C (210 +340)/0.68 = 808 ; 90/808=0.111  
 City A (350+300)/0.82= ~793; 85/793=0.107  (Adequate)  
 
Statement 2: 4/9=0.444  (Adequate)

Statement 3: Total Fund required in Inadequate City: 
City A: 650*0.9/0.82=713.415, 713-650=63 
City I: 230*0.9/0.86 =240.698 , 240-230 =10 
City C: 550*0.9/0.68=727.941, 728-550=178 
City: G: 980*0.9/0.89=991.0112, 991-980=11

Total : 178+10+11+63=262 Total Fund Federal have: 85+27+60+50+120+90=432  (Adequate)

3:   432-262 =170 ( B) I don't know why official answer is 125

4:  
Green Town: 330*1.2+650 =1,046, Fund required: 980/0.89=1,101.124 ( Not adequate, Yes) 
Coni: 340*1.2+210=618 Fund required: 550/0.68=808.824  (not adequate, Yes) 
Ilica : 130*1.2+100=256 Fund required: 230/0.86=267.442 ( not adequate, Yes )

for 3rd and 4th, need official explanation because this seems correct.

If anyone have different view, let me know. lets discuss.

crimson_noise · Answer

Question 1:
If the funding threshold is 100%, approximately $828 million Krovanian dollars would be allocated to the federal pool of funds.

Cities with surplus:
• Dou: $150 Mn (110% funded)
• Elo: $585.71 Mn (140% funded)
• Huton: $91.85 Mn (108% funded)
Total surplus: $827.57 Mn ≈ $830 Mn

Question 2:

Statement 1: YES
Federal funding to City C (Coni) as a percentage of total funding needed is 11.13%, which is more than City A (Akona) at 10.72%.

Statement 2: YES
Four out of nine cities (Akona, Ilica, Coni, and Green Town) are inadequately funded, which represents 44.44% of all cities—clearly more than 40%.

Statement 3: YES
The federal funding will not be exhausted. The surplus from adequately funded cities ($1,343 Mn) is more than enough to cover the needs of inadequately funded cities ($263 Mn). Since the surplus alone covers all needs, none of the available federal funding ($432 Mn) needs to be used at all.

Question 3:

Inadequately funded cities needing support:
• Akona: $63.41 Mn (to reach 90% threshold)
• Ilica: $10.70 Mn (to reach 90% threshold)
• Coni: $177.94 Mn (to reach 90% threshold)
• Green Town: $11.01 Mn (to reach 90% threshold)
Total needed: $263.06 Mn
Federal funding available:
Total federal funding across all cities = 432 Mn$ (from Akona: 85, Ilica: 27, Broca: 60, Forlam: 50, Coni: 90, and Green Town: 120)
Remaining federal funds:
432 - 263.06 = $168.94 Mn ≈ $169 Mn

Question 4:

Green Town: NO
With the 20% increase, Green Town’s funding rises from 89% to 94.99%, which exceeds the 90% threshold. It will not require additional funding.

Coni: YES
Even with the 20% increase, Coni’s funding only rises from 68% to 76.41%, still falling short of the 90% threshold. It will still require additional funding of approximately 110 Mn$.

Ilica: NO
With the 20% increase, Ilica’s funding rises from 86% to 95.72%, which exceeds the 90% threshold. It will not require additional funding.

	920
	800
	830
	660
	700

Yes	No
		The amount of federal sources given to city C as a percentage of total funding needed by the development projects of that city is more than that given to the development of city A.
		Development projects of more than 40% of the cities are inadequately funded.
		The federal funding allocated for the nine cities will not be exhausted, even after allocating the necessary funds to the inadequately funded cities.

	185
	175
	155
	135
	125

The Republic of Krovanias development authority is planning to develo

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