JAMB - Economics (2022 - No. 16)
A country's budget allocation to various sectors of the economy is shown in the pie chart above...
Use it to answer this question
What is the ratio of expenditure on health to Agriculture if the yearly budget is 7200?
2: 3
3:4
4:3
5:4
Spiegazione
Health = 60/360 x 7200
= 1200
Agriculture = 80/360 x 7200
= 1600
The ratio of expenditure on health to agriculture = 1200/1600
= 3:4
= 1200
Agriculture = 80/360 x 7200
= 1600
The ratio of expenditure on health to agriculture = 1200/1600
= 3:4