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Question
By what amount is the total detergent sale of Hindustan Lever more than that of Procter & Gamble in 1997 (in Rs. Crore)?
By what amount is the total detergent sale of Hindustan Lever more than that of Procter & Gamble in 1997 (in Rs. Crore)?
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Solution
The correct option is A 768
Ans. (a)
Market share of Hindustan Lever = 32%
Market share of P & G = 8%
Therefore, Difference in market share = 24% = (24/100) * 3600 Cr = 768 Cr
Ans. (a)
Market share of Hindustan Lever = 32%
Market share of P & G = 8%
Therefore, Difference in market share = 24% = (24/100) * 3600 Cr = 768 Cr
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