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A pie chart shows the distribution of a company's revenue sources. If 'Product S

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Question: A pie chart shows the distribution of a company\'s revenue sources. If \'Product Sales\' accounts for 60% and \'Services\' for 40%, which statement is correct?

Options:

  1. Services generate more revenue than products.
  2. Product Sales are the primary revenue source.
  3. Revenue is evenly split between products and services.
  4. The company relies solely on services.

Correct Answer: Product Sales are the primary revenue source.

Solution: 

With \'Product Sales\' at 60%, it is indeed the primary revenue source.

A pie chart shows the distribution of a company's revenue sources. If 'Product S

Practice Questions

Q1
A pie chart shows the distribution of a company's revenue sources. If 'Product Sales' accounts for 60% and 'Services' for 40%, which statement is correct?
  1. Services generate more revenue than products.
  2. Product Sales are the primary revenue source.
  3. Revenue is evenly split between products and services.
  4. The company relies solely on services.

Questions & Step-by-Step Solutions

A pie chart shows the distribution of a company's revenue sources. If 'Product Sales' accounts for 60% and 'Services' for 40%, which statement is correct?
  • Step 1: Look at the pie chart to see the different sections representing revenue sources.
  • Step 2: Identify the percentage for 'Product Sales', which is 60%.
  • Step 3: Identify the percentage for 'Services', which is 40%.
  • Step 4: Compare the two percentages: 60% (Product Sales) is greater than 40% (Services).
  • Step 5: Conclude that since 'Product Sales' has a higher percentage, it is the primary revenue source.
  • Pie Chart Interpretation – Understanding how to read and interpret the data represented in a pie chart.
  • Percentage Comparison – Comparing different revenue sources based on their percentage contributions.
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