Pie charts are useful to compare different parts of a whole amount. They are often used to present financial information. E.g. A company's expenditure can be shown to be the sum of its parts including different expense categories such as salaries, borrowing interest, taxation and general running costs (i.e. rent, electricity, heating etc).
A pie chart is a circular chart in which the circle is divided into sectors. Each sector visually represents an item in a data set to match the amount of the item as a percentage or fraction of the total data set.