In a pie chart representing the market share of four companies, Company A has 40

Practice Questions

In a pie chart representing the market share of four companies, Company A has 40%, Company B has 30%, Company C has 20%, and Company D has 10%. If Company A's market share increases by 10%, what will be the new percentage of Company D's market share?

Questions & Step-by-Step Solutions

Step 1: Understand that the pie chart shows the market share of four companies: A, B, C, and D.
Step 2: Note the current market shares: Company A has 40%, Company B has 30%, Company C has 20%, and Company D has 10%.
Step 3: Recognize that Company A's market share is increasing by 10%. This means Company A will now have 50% (40% + 10%).
Step 4: Understand that the total market share must always equal 100%.
Step 5: Since Company A's share increased, we need to check if the total market share changes. However, Company A's increase does not take away from the total; it just means Company A has a larger portion of the same pie.
Step 6: Realize that Company D's market share is not directly affected by Company A's increase. Company D still has 10% of the total market share.
Step 7: Conclude that Company D's new market share remains at 10%.

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In a pie chart representing the market share of four companies, Company A has 40

Practice Questions

Questions & Step-by-Step Solutions

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