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If a pie chart shows that 5% of a budget is allocated to research and the total

Practice Questions

Q1
If a pie chart shows that 5% of a budget is allocated to research and the total budget is $2 million, how much is allocated to research?
  1. $50,000
  2. $75,000
  3. $100,000
  4. $125,000

Questions & Step-by-Step Solutions

If a pie chart shows that 5% of a budget is allocated to research and the total budget is $2 million, how much is allocated to research?
  • Step 1: Understand that 5% means 5 out of every 100 parts.
  • Step 2: Convert the percentage to a decimal by dividing 5 by 100, which equals 0.05.
  • Step 3: Multiply the total budget of $2 million by the decimal 0.05 to find the amount allocated to research.
  • Step 4: Calculate $2,000,000 * 0.05, which equals $100,000.
  • 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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