A company wants to know the breakdown of its sa... - SS1 Economics Graphs, Charts And Table With Relevant Examples Question
A company wants to know the breakdown of its sales by product category. In the last quarter, the company made $100,000 in sales, with $40,000 from product A, $30,000 from product B, $20,000 from product C, and $10,000 from product D. Create a pie chart to show the percentage of sales from each product category.
Steps to Create a Pie Chart:
i. Calculate the percentage of sales for each product category:
Product A: (40,000/100,000) x 100% = 40%
Product B: (30,000/100,000) x 100% = 30%
Product C: (20,000/100,000) x 100% = 20%
Product D: (10,000/100,000) x 100% = 10%
ii. Use the percentages to calculate the angle of each sector of the pie chart:
Product A: 40% x 360° = 144°
Product B: 30% x 360° = 108°
Product C: 20% x 360° = 72°
Product D: 10% x 360° = 36°
iii. Draw a circle and divide it into sectors with the calculated angles.
iv. Label each sector with the corresponding product category.
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