Question on: JAMB Economics - 2018
A country's budget allocation to various sectors of the economy is shown in the pie chart .
What is the ratio of expenditure of health to Agriculture?
A
2:3
B
3:4
C
4:3
D
5:4
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Correct Option: B
Total budget = $7,200
Expenditure on Health =x/$7200 × 3600 = 600
3600x = 600 × $7200
x = 600×$7200/3600
x = $1,200
Budget allocated to Health is $1,200
Expenditure on Agriculture = x /$7200 × 3600 = 800
3600x = 800 × $7200
x = 800 × $7200/3600
x=$1,600
Budget allocated to Agriculture is $1,600
Ratio of expenditure on Health to Agriculture;
Ratio=1200:1600
=3:4
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