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If a pie chart shows that 15% of a budget is allocated to marketing, and the tot

Practice Questions

Q1
If a pie chart shows that 15% of a budget is allocated to marketing, and the total budget is $120,000, how much is allocated to marketing?
  1. $15,000
  2. $18,000
  3. $20,000
  4. $22,000

Questions & Step-by-Step Solutions

If a pie chart shows that 15% of a budget is allocated to marketing, and the total budget is $120,000, how much is allocated to marketing?
  • Step 1: Understand that 15% means 15 out of every 100 parts.
  • Step 2: Convert the percentage to a decimal by dividing 15 by 100, which gives you 0.15.
  • Step 3: Multiply the total budget of $120,000 by the decimal 0.15 to find the amount allocated to marketing.
  • Step 4: Calculate $120,000 * 0.15, which equals $18,000.
  • Percentage Calculation – Understanding how to calculate a percentage of a total amount.
  • Budget Allocation – Interpreting budget distribution as represented in a pie chart.
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