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?
$50,000
$100,000
$150,000
$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.