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Over the period 2016-2017, if sales (value wise) of IBM PC's increased by 50% and Apple by 15% assuming that PC sales of all other computer companies remained same, by what percentage (approximately) would the PC sales in New York (value wise) increase over the same period ? |
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Answer: Option A Explanation: If we assume the total sales to be 100 in the first year, IBM's sales would go up by 50% (from 28 to 42) contributing an increase of 14 to the total sales value. Similarly, Apple's increase of 15% would contribute an increase of 2.1 to the total sales value. The net change would be 14 + 2.1 on 100. (i.e., 16.1%) |
The pie chart shows the distribution of New York market share by value of different computer companies in 2016.
The pie chart shows the distribution of New York market share by volume of different computer companies in 2016.
Number of units sold in 2016 in New York = 1,500
Value of units sold in 2016 in New York = US $1,650,000.
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