In a pie chart of a company's budget, 50% is allocated to salaries, 30% to marke
Practice Questions
Q1
In a pie chart of a company's budget, 50% is allocated to salaries, 30% to marketing, 10% to research, and 10% to operations. If the total budget is $1,000,000, how much is allocated to marketing?
$100,000
$200,000
$300,000
$400,000
Questions & Step-by-Step Solutions
In a pie chart of a company's budget, 50% is allocated to salaries, 30% to marketing, 10% to research, and 10% to operations. If the total budget is $1,000,000, how much is allocated to marketing?
Step 1: Understand that the total budget is $1,000,000.
Step 2: Identify the percentage allocated to marketing, which is 30%.
Step 3: Convert the percentage to a decimal by dividing by 100. So, 30% becomes 0.30.
Step 4: Multiply the total budget by the decimal. Calculate 0.30 * 1,000,000.
Step 5: Perform the multiplication: 0.30 * 1,000,000 = 300,000.
Step 6: Conclude that $300,000 is allocated to marketing.
