SOLUTION: A city had a budget deficit of $50,000. If revenues were $250,000, how much were expenses?

SOLUTION: A city had a budget deficit of $50,000. If revenues were $250,000, how much were expenses?

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Question 213051: A city had a budget deficit of $50,000. If revenues were $250,000, how much were expenses?
Answer by Earlsdon(6294) (Show Source): You can put this solution on YOUR website!
Deficit means the city spent more than it took in.
Revenues = $250,000
Over spent $50,000
Expenses = Revenues + deficit.
Expenses = $250,000+$50,000 = $300,000
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