Table 1 shows the percentage market share of bus sales of six companies A to F in FY 2020-21. Table 2 shows the percentage of six bus models P to U sold by company A. Note: D sold 3375 buses in 2020-21; F sold 40000 in 2019-20 growing 12.5 percent in 2020-21; total buses sold by all companies = 112500.
| Company | Market Share (%) |
|---|---|
| A | 41 |
| B | 8 |
| C | 7 |
| D | 3 |
| E | 1 |
| F | 40 |
| Model (Company A) | Share (%) |
|---|---|
| P | 18 |
| Q | 25 |
| R | 12 |
| S | 15 |
| T | 20 |
| U | 10 |
If the number of buses sold by F is 40000 in FY 2019-20 and the growth in sale of buses is twelve and a half percent in FY 2020-21, how many units were sold by B in FY 2020-21?
A12000
B11000
C10000
D9000 ✓ Correct
Correct answer: (D) 9000
Explanation
The answer is 9000.
F sold 40000 buses in 2019-20 and grew twelve and a half percent, giving 45000 in 2020-21.
F holds 40 percent of the market, so the total is 45000 divided by 0.40, which is 112500.
Company B holds 8 percent of this total.
So B sold 8 percent of 112500.
That equals 9000.
So the answer is 9000.
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