In a pie chart showing the distribution of a company's revenue, if the segment f
Practice Questions
Q1
In a pie chart showing the distribution of a company's revenue, if the segment for 'Online Sales' is 50% and the total revenue is $1.2 million, what is the revenue from 'Online Sales'?
$600,000
$700,000
$800,000
$900,000
Questions & Step-by-Step Solutions
In a pie chart showing the distribution of a company's revenue, if the segment for 'Online Sales' is 50% and the total revenue is $1.2 million, what is the revenue from 'Online Sales'?
Step 1: Understand that the pie chart shows the distribution of revenue.
Step 2: Identify that 'Online Sales' represents 50% of the total revenue.
Step 3: Know that the total revenue is $1.2 million.
Step 4: Convert 50% into a decimal for calculation, which is 0.50.
Step 5: Multiply the total revenue ($1.2 million) by 0.50 to find the revenue from 'Online Sales'.
Step 6: Calculate $1.2 million * 0.50 = $600,000.
Step 7: Conclude that the revenue from 'Online Sales' is $600,000.
