In a pie chart representing the distribution of a budget, if 5% is allocated to
Practice Questions
Q1
In a pie chart representing the distribution of a budget, if 5% is allocated to research and the total budget is $1 million, how much is allocated to research?
$25,000
$30,000
$35,000
$40,000
Questions & Step-by-Step Solutions
In a pie chart representing the distribution of a budget, if 5% is allocated to research and the total budget is $1 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 gives you 0.05.
Step 3: Multiply the total budget of $1 million by the decimal you found: $1,000,000 * 0.05.
Step 4: Calculate the result of the multiplication, which is $50,000.
Step 5: Conclude that $50,000 is allocated to research.
