CLEAR
Toprankers-Info

+91 7676564400

Mobile App

Get it on Google Play
Discussions
Tags:

Articles

Discussions
Submit Discussion
Kirti

· started a discussion

· 1 Months ago

In First line Of Solution. (Question: 89868.4 )

what is 29.3 denotes here?
Where it Comes from??

Question:
DIRECTIONS: Answer the questions based on the following information. The histograms below show the number of units sold by the three motorcycle manufacturers, i.e. Bajaj, Hero, and TVS and the other graph show the market share (in units) of Hero ,in five consecutive years.



If the sales of motorcycle drops by 8% in 2005, but still Hero sale raise by 12% then what will be the market share of Hero in 2005?
Options:
A) 48.9%
B) 50.6% 
C) 58.6% 
D) 65.8%
E) None of these
Solution:

Sale of motorcycle in 2005 = 29.3 x 105 x 0.92 = 26.95 x 105 unit.

Number of unit sold by Hero in 2005 =14.1 × 105 × 1.12

=15.8× 105 unit

So market share = \(\cfrac{15.8×10^5}{26.95×10^5}×100=58.6\% \)

Knowledge Expert

· commented

· 1 Months ago

Its clearly given in the question that the sales of motorcycle drops by 8% in 2005, but still Hero sale raise by 12%.

So, Sale of motorcycle in 2005 = 14.1 + 12% of 14.1 + 14. 1 = 28.2 + 12% of 14.1 = 28.2 + 1.692 = 29.892 = 29.9 lakhs approx. = 29.9 * 10^5 units
-logo
We at aim to provide most comprehensive content & test for practice which is carefully divided into various chapters and topics to help you focus on your weak areas.Our Practice mock test gives you unmatched analytics to help you realize your strong areas,time management and improvement areas.Our Short & Crisp notes on each topic will help you to quickly revise the topic along with the tips & tricks of the exams.
More About
-Info
-Info

Mobile App

Get it on Google Play
About Us Campus Ambassador Careers Contact Us Refund Policy

All Rights Reserved Top Rankers

User Policy
Disclaimer
Terms & Conditions