If a pie chart shows that 30% of a company's revenue comes from product sales, w

Practice Questions

Q1
If a pie chart shows that 30% of a company's revenue comes from product sales, what fraction of the revenue comes from other sources?
  1. 1/3
  2. 2/3
  3. 1/2
  4. 3/4

Questions & Step-by-Step Solutions

If a pie chart shows that 30% of a company's revenue comes from product sales, what fraction of the revenue comes from other sources?
  • Step 1: Understand that the pie chart represents 100% of the company's revenue.
  • Step 2: Identify that 30% of the revenue comes from product sales.
  • Step 3: Calculate the percentage of revenue that comes from other sources by subtracting the product sales percentage from 100%.
  • Step 4: Perform the calculation: 100% - 30% = 70%.
  • Step 5: Convert the percentage of revenue from other sources (70%) into a fraction. Since 70% is the same as 70 out of 100, simplify it to 7/10.
  • Percentage to Fraction Conversion – Understanding how to convert percentages into fractions and vice versa.
  • Complementary Percentages – Recognizing that the remaining percentage can be found by subtracting from 100%.
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