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Study the following pie-chart and answer the question that follows.
The following pie chart shows the breakup of the different costs incurred by Company X in the year 2020.
[Pie Chart Data Breakdown]
If the total cost incurred by the company X in 2020 is $100,000, what is the electricity cost incurred by the company in 2020?
$3,000
$5,000
$20,000
$35,000
$5,000
To find 5% of a number, calculate 10% (by moving the decimal one place to the left) and then divide that result by 2. For 100,000,10%is10,000, and half of that is $5,000.
Total cost = $100,000, Electricity percentage = 5%
CostElectricityтАЛ=100PercentageElectricityтАЛтАЛ├ЧTotal┬аCost
To find 5% of a number, calculate 10% (by moving the decimal one place to the left) and then divide that result by 2. For 100,000,10%is10,000, and half of that is $5,000.
Confusing the percentage with the actual dollar amount or failing to recognize the total cost base as $100,000.
Identify given data
From the problem statement and the pie chart, the total cost incurred is $100,000 and the share for Electricity is 5%.
Total=100,000,Electricity┬а%=5%
Apply percentage formula
Multiply the total cost by the percentage of electricity cost.
Cost=100,000├Ч1005тАЛ
Final calculation
Perform the multiplication to find the final value: 100,000├Ч0.05=5,000.
5,000
B is correct because calculating 5% of 100,000resultsin5,000.
Pie chart problems often appear in Data Interpretation sections. Always verify the 'Total' value provided in the text against the visual legend to avoid base-value errors.