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A pie chart indicates that 50% of a company's revenue comes from product A. If t

Practice Questions

Q1
A pie chart indicates that 50% of a company's revenue comes from product A. If the total revenue is $500,000, what is the revenue from product A?
  1. $200,000
  2. $250,000
  3. $300,000
  4. $350,000

Questions & Step-by-Step Solutions

A pie chart indicates that 50% of a company's revenue comes from product A. If the total revenue is $500,000, what is the revenue from product A?
  • Step 1: Understand that 50% means half of something.
  • Step 2: Know that the total revenue of the company is $500,000.
  • Step 3: To find 50% of $500,000, you can multiply $500,000 by 0.50.
  • Step 4: Perform the multiplication: $500,000 * 0.50 = $250,000.
  • Step 5: Conclude that the revenue from product A is $250,000.
  • Percentage Calculation – Understanding how to calculate a percentage of a total amount.
  • Revenue Understanding – Comprehending the relationship between total revenue and revenue from specific products.
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