If a pie chart shows that 15% of a company's budget is allocated to marketing, w

If a pie chart shows that 15% of a company's budget is allocated to marketing, which of the following statements is true?

If a pie chart shows that 15% of a company's budget is allocated to marketing, which of the following statements is true?

Step 1: Understand that a pie chart represents parts of a whole, in this case, the company's budget.
Step 2: Know that 100% of the budget is the total amount of money the company has.
Step 3: Calculate what one-fifth of the budget is. One-fifth means dividing the budget by 5.
Step 4: Since one-fifth of the budget is 20%, we can say that 20% is the same as 1/5 of the budget.
Step 5: Compare 15% to 20%. Since 15% is less than 20%, we conclude that 15% is less than one-fifth of the budget.

Percentage Understanding – The ability to interpret and compare percentages in relation to whole numbers.
Budget Allocation – Understanding how budget percentages relate to overall financial planning.