Question : Study the given pie chart carefully and answer the following question. If the scholarship has to be paid out of the donation fund, then what is the percentage of the donation fund used for this purpose (rounded off to two decimal places)? The entire fund that the school gets from different sources is equal to Rs. 10 lakh
Option 1: 74.29%
Option 2: 72.15%
Option 3: 80.25%
Option 4: 75.25%
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Correct Answer: 74.29%
Solution : Given: The entire fund that the school gets from different sources is equal to Rs.10 lakh. The scholarship has to be paid out of the donation fund. The donation fund is 35% of the total fund = $1000000×\frac{35}{100}=350000$ For scholarship purposes, 26% of funds are used = $1000000×\frac{26}{100}=260000$ Therefore, the percentage of the donation fund used for scholarship purposes is $\frac{260000}{350000}×100=74.29$% So, the required percentage is 74.29%. Hence, the correct answer is 74.29%.
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