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A pie chart indicates that 10% of a company's revenue comes from product A. If t

Practice Questions

Q1
A pie chart indicates that 10% of a company's revenue comes from product A. If the total revenue is $2 million, what is the revenue from product A?
  1. $100,000
  2. $200,000
  3. $300,000
  4. $400,000

Questions & Step-by-Step Solutions

A pie chart indicates that 10% of a company's revenue comes from product A. If the total revenue is $2 million, what is the revenue from product A?
  • Step 1: Understand that 10% means 10 out of every 100 parts.
  • Step 2: Convert 10% into a decimal by dividing 10 by 100, which equals 0.10.
  • Step 3: Multiply the total revenue of $2 million by 0.10 to find the revenue from product A.
  • Step 4: Calculate $2,000,000 * 0.10, which equals $200,000.
  • Percentage Calculation – Understanding how to calculate a percentage of a total amount.
  • Revenue Interpretation – Interpreting revenue figures and their components from a pie chart.
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