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

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Question: 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?

Options:

  1. 5%
  2. 10%
  3. 15%
  4. 20%

Correct Answer: 10%

Solution: 

Company A\'s increase does not affect Company D\'s share directly; it remains at 10%.

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

Practice Questions

Q1
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?
  1. 5%
  2. 10%
  3. 15%
  4. 20%

Questions & Step-by-Step Solutions

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?
  • 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%.
  • Market Share Calculation – Understanding how market shares are represented in a pie chart and how changes in one company's share affect the overall distribution.
  • Percentage Increase – Calculating the increase in percentage for a specific company and understanding its implications on the overall market share.
  • Independence of Shares – Recognizing that the increase in one company's market share does not directly affect the absolute market share of other companies unless the total market size changes.
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