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If the sales of Vadilal increase by 38% from 2020 to 2023 and the shares of…

Paper 1 · Data Interpretation UGC NET June 2024 Re-Exam (04.09.2024) Shift-II
Passage
The table shows the revenue in lakh rupees earned by a publishing house from the sale of three types of publications, namely journals, magazines and books, during four years from 2020 to 2023. The year-wise revenue is: 2020, journals 45, magazines 35, books 70; 2021, journals 47, magazines 40, books 80; 2022, journals 40, magazines 42, books 87; 2023, journals 40, magazines 54, books 79. Based on the data, answer the questions that follow.
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% — It is about 16.05 percent, so that is the answer.
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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