Question

In country B, the population is 900 million and 100 million people are living below the poverty line. What is the poverty rate?

Short answer

The poverty rate in country B is approximately \(11.11\%\) .

Step-by-step solution

Identify the given values

We are given the following values: - Total population: 900 million - People living below the poverty line: 100 million Our goal is to find the poverty rate.

Calculate the Poverty Rate

To find the poverty rate, we need to divide the number of people living below the poverty line by the total population, and then multiply the result by 100 to get the percentage. Poverty Rate = (People Below Poverty Line / Total Population) × 100

Plug in the Given Values

Now, let's plug in the given values into the formula: Poverty Rate = (100 million / 900 million) × 100

Simplify and Calculate the Poverty Rate

Simplify the equation and calculate the poverty rate: Poverty Rate = (1 / 9) × 100 Poverty Rate ≈ 11.11%

State the Final Answer

The poverty rate in country B is approximately 11.11%.