The total volume of soaps sold is 680 lakh units, of which 136 lakh units are Lux. The shares of the…
Others hold 15 percentage points of the market. Lux has 136 ÷ 680 = 0.20, i.e. 20% of the volume. The named brands together have 30 + 10 + 15 + 10 + 20 = 85%, leaving 100 −…
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The total volume of soaps sold is 680 lakh units, of which 136 lakh units are Lux. The shares of the other brands are: Lifebuoy 30%, Camay 10%, Liril 15% and Mysore Sandal 10%; the remaining brands are grouped as Others.
What is the market share of Others, in percentage points?
Answer and explanation
Correct answer A
Others hold 15 percentage points of the market. Lux has 136 ÷ 680 = 0.20, i.e. 20% of the volume. The named brands together have 30 + 10 + 15 + 10 + 20 = 85%, leaving 100 − 85 = 15% for Others. 16, 16.8 and 13.5 would make the shares add to more or less than 100%.
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Common Management Admission Test (CMAT)