A company's annual budget is allocated across five departments: Sales, Marketing, HR, R&D, and Operations. If the Sales department's budget is $1.2 million and represents 20% of the total budget, and the R&D department's budget is 15% of the total budget, what is the combined budget for HR and Operations if Marketing accounts for 30%?
✓ Correct Answer: Option B
If $1.2M is 20% of the total budget, the total budget is $1.2M / 0.20 = $6 million. Sales (20%) + Marketing (30%) + R&D (15%) = 65%. Therefore, HR and Operations combined account for 100% - 65% = 35% of the total budget. 35% of $6 million = 0.35 * $6,000,000 = $2,100,000.