Question on: JAMB Economics - 2018
Given the table, if the total budget of the country to be 100 million naira, what is the ratio of expenditure on manufacturing to agriculture?
Total budget = N100,000,000
 Portion of pie chart covered in degree = 360
 Expenditure on manufacturing = x/N100,000,000 × 3600 = 360
 3600x = 360 × N100,000,000
 x = 360×N100,000,000/3600
 x=N10,000,000
 Therefore, the budget allocated to Manufacturing is N10,000,000
 Total budget = N100,000,000
 Portion of pie chart covered in degree = 720
 Expenditure on Agriculture = x/N100,000,000 × 3600 = 720
 3600x = 720 × N100,000,000
 x = 720 × N100,000,000/3600
 x = N20,000,000
 budget allocated to Agriculture is N20,000,000
 Ratio of expenditure on Manufacturing to Agriculture;
 Ratio = 10,000,000:20,000,000
 =1:2
Add your answer
Please share this, thanks!
No responses