Question

The following pie chart provides information about the revenue generated by six companies A,B,C,D,E and F as a percentage of the total biscuit market (in Rs.) in the year 2007. These are the only six companies producing biscuits in the market.
Q. If the revenue of F went up by 25% in the year 2008 and the revenue of all the other companies remained the same, what’s the new share of F in the market?

• A. 32%
• B. 33.33%
• C. 27.74%
• D. 28.57%
• E. 29.63%

Answer 1

The correct option is E 29.63%

Assume the revenue of F was 24k in 2007, then in 2008 it’d be $=24k\times 1.25=32k$
Overall revenue = 100+8 = 108k
New market share $=\frac{32k}{108k}\times 100=29.63\%$