A pie chart indicates that 10% of a company's revenue comes from online sales. I

Practice Questions

Q1
A pie chart indicates that 10% of a company's revenue comes from online sales. If the total revenue is $500,000, how much revenue comes from online sales?
  1. $50,000
  2. $100,000
  3. $150,000
  4. $200,000

Questions & Step-by-Step Solutions

A pie chart indicates that 10% of a company's revenue comes from online sales. If the total revenue is $500,000, how much revenue comes from online sales?
  • Step 1: Understand that 10% means 10 out of every 100 parts.
  • Step 2: Find out what 10% of the total revenue ($500,000) is.
  • Step 3: To calculate 10%, multiply the total revenue by 0.10 (which is the decimal form of 10%).
  • Step 4: Perform the calculation: $500,000 * 0.10 = $50,000.
  • Step 5: Conclude that the revenue from online sales is $50,000.
  • Percentage Calculation – Understanding how to calculate a percentage of a total amount.
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