Practicing Success
The following Pie chart shows the market share of exporting countries. If a country X constitutes 40% of the share of ‘other countries’ and the quantity of exports by Country B is ₹15 million, then the quantity exported by Country X, is: |
₹2 million ₹1.6 million ₹8 million ₹4 million |
₹8 million |
⇒ Share of country B = 15% of total share of all ATQ , ⇒ 15% of total share of all = 15 million ⇒ Total share = 100 million ⇒ Share of other countries = 20% of 100 million = 20 million ⇒ Export quantity by country X = 40% of 20 million = \(\frac{2 }{5}\) × 20 = 8 million |