[Closed] A maths challenge (probably quite easy - foreign aid content)

None, if he could.

[img] [/img]

Exactly!

(without getting into details, I was surprised (pleasantly) that without getting into converting currencies, it looks like the UK has allocated a significantly larger sum of cash than any other country)

You've not given us all the figures we need.

edit - Sorry, you have.

[url= ]DNFTT[/url]

[s]What other figures do we need?[/s] I have? 😕

29,300,000 ÷ 5,000,000 = £5.86

Is that right Drac? Wouldn't £5 roughly equate to a billion?

5.86/1000 = 0.00586 pence?

The size of the numbers confuse me, perhaps it is £5.86?

Oops wrong way around.

It should have been amount dived by tax payers.

5,000,000 ÷ 29300000 = 17p

25p give or take for the average tax payer.

£5m = just under 0.5% of our aid budget going by your figures. 0.48% of £52 is 25p

Edit - Of course someone on £26k is not a net contributor to the economy so has not actually sent anything 😉

Edit again - arse - spin is right - out by a factor of 10 with my billions.

Bonus points for how many fluid ounces of [insert whiskey of choice] it equates to?

That would be a shade over 17 pence, sounds more realistic I think.

Votes for 17 v 25p please 🙂

Maybe I'll just round it to 20 pence

You've asked how much you are contributing not how much the average tax payer is.. Need to know your salary and tax code etc if you want it done properly!

Or is it one of those trick questions? 😆

2.5p

Please give the answer in terms that everyone can understand.... How many walnut whips?

Mr average will do for me as anything above that is overtime!

How many walnut whips

Sorry, you can only break a walnut whip into 3 main pieces. Maybe you could measure it as a percentage of the whip?

Or, how many:

[img] [/img]

Lots of the fittest, strongest and best Nepalese have laid down their life for the UK.

So we have two 'agrees' for 2.5p now I noticed Converts edit.

Good enough for me 🙂

Total aid budget is 10,300,000,000.
5,000,000 given to Nepal

5,000,000 divided by 10,300,000,000 gives the proportion of the total budget spent on Nepal as 0.00048543689. Multiply this by 52 to give the proportion for the average taxpayer.

The main assumption is that by 'Foreign Aid costs the average tax payer (26k pa) £52 a year' you mean 'the average contribution of all tax payers to foreign aid is £52'. The two are not the same.

Edit - I think. I'm only a Geography teacher.

Total aid budget is 10.3 billion = 10,300 million, call it 10,000 million for ease.

Nepal chunk is 5 million.

Nepal as a proportion therefore is 5/10,000 = 0.05%

If the average tax payer gives £52 to the total budget, the share he gives to the Nepal chunk is also 0.05% = 2.6p

You also asked what someone earning 50K, 75K and 100K would contribute.

In simple terms (ignoring BiK, tax credits, etc.), someone earning 26K would pay about £3K in tax. (11K x 0% and 15K x 20%)

Someone earning 50K would pay about 9.2K (11K x 0% + 32K x 20% + 7K x 40%). Three times as much tax therefore 3x as much given to Nepal = 7.8p

75K -> 19.2K in tax, hence 16.6p

100K -> 29.2K in tax, hence 25.2p

Nothing, because government spending is already in deficit, therefore an additional 5 million would be borrowed money anyway.

Actually it looks like it is £3m in rapid response funding to aid groups that are on the ground (so they can get people into the disaster zone in Nepal and operate in the short term) and £2m to the Red Cross. AFAIK the money so far committed by the government has come out of an existing allocated fund in the foreign aid budget that is set up for these kind of events.

According to the (rather bizarre and poorly written) election leaflet from UKIP that was posted through my door today, this sort of thing is a waste of money and should be stopped.

Blimey, Farage must really need that 15-25p....maybe he urgently needs to buy an apple or park in metered parking spot for 15minutes?

Thanks Guys, and Guy 🙂

JonV, give yourself a pat on the back 😆

Top it up here - http://www.dec.org.uk/

I sent 25% of this weeks wage which was £25.

The main assumption is that by 'Foreign Aid costs the average tax payer (26k pa) £52 a year' you mean 'the average contribution of all tax payers to foreign aid is £52'. The two are not the same.

UK Foreign Aid budget is 10.3 Billion.
Foreign Aid costs the average tax payer (26k pa) £52 a year.

Be wary of government spending divided up by 'taxpayers'. Governments have lots of sources of income - corporation tax, VAT, licences, cutie, leviess etc. Income tax accounts for less than a third of the governments income

We've sent £5 million to the Nepal Quake.

Have we actually 'sent' it - often the figure is a pledge to spend up to the publicised figure. Its impossible to estimate what the actual costs of action is in the immediate aftermath of an event like this. So the pledge is to help until no more help is needed or until the ceiling of the pledge is met (or until no ones looking any more). In places like Haiti on a tiny fraction of the sums pledged were actually handed over

In places like Haiti on a tiny fraction of the sums pledged were actually handed over

It wasn't that the pledged donors were lying; but Hatian bureaucracy and/or corruption meant that only a small fraction of what was intended got done. I can't blame aid organizations for being unwilling to pay bribes!