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 sales of Vadilal increase by 38% from 2020 to 2023 and the shares of other companies adjust accordingly, what is Vadilal's market share in 2023?
A17.5%
B18%
C16.94%
D16.05% ✓ Correct
Correct answer: (D) 16.05%
Explanation
It is about 16.05 percent, so that is the answer.
Vadilal's 2020 sale is 13 percent of 8500, which is 1105 crore.
A 38 percent rise makes it about 1524.9 crore.
Total 2023 sales are 9500 crore.
So Vadilal's share is 1524.9 over 9500.
That is about 16.05 percent.
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