A pie chart indicates that 50% of a company's budget is allocated to marketing,
Practice Questions
Q1
A pie chart indicates that 50% of a company's budget is allocated to marketing, 30% to research, and 20% to operations. If the company decides to cut the marketing budget by 10%, what will be the new percentage for marketing?
40%
50%
60%
70%
Questions & Step-by-Step Solutions
A pie chart indicates that 50% of a company's budget is allocated to marketing, 30% to research, and 20% to operations. If the company decides to cut the marketing budget by 10%, what will be the new percentage for marketing?
Step 1: Identify the original percentage allocated to marketing, which is 50%.
Step 2: Determine the amount to be cut from the marketing budget, which is 10% of the original 50%.
Step 3: Calculate 10% of 50%. This is done by multiplying 50 by 0.10, which equals 5.
Step 4: Subtract the amount cut (5) from the original marketing budget (50). So, 50 - 5 = 45.
Step 5: The new percentage for marketing is 45%.
Percentage Calculation – Understanding how to calculate a percentage reduction from a given value.
Budget Allocation – Interpreting budget distribution in a pie chart format.
