Table-1: ice-cream sales in India (Rs crore) over six years. Table-2: 2020 market share of companies.
| Year | Sales (Rs crore) |
|---|---|
| 2018 | 7500 |
| 2019 | 8200 |
| 2020 | 8500 |
| 2021 | 8000 |
| 2022 | 8500 |
| 2023 | 9500 |
| Company (2020) | Market Share (%) |
|---|---|
| Amul | 28 |
| Vadilal | 13 |
| Baskin Robbins | 10 |
| Verna | 6 |
| Kwality Walls | 35 |
| Others | 8 |
If the market share percentages remain the same in 2021 as in 2020, what is the change in Amul's turnover from 2020 to 2021?
ARs.175 crore increase
BRs.140 crore decrease ✓ Correct
CRs.175 crore decrease
DRs.140 crore increase
Correct answer: (B) Rs.140 crore decrease
Explanation
It is a Rs.140 crore decrease, so that is the answer.
Amul's 2020 sale is 28 percent of 8500, which is 2380 crore.
Total 2021 sales are 8000 crore.
Amul's 2021 sale is 28 percent of 8000, which is 2240 crore.
The change is 2380 minus 2240, a fall of 140 crore.
Hence a Rs.140 crore decrease is correct.
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