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Answer the following question based on the information given below.
The market share of three commercial vehicle manufacturers, A, B and C, for the last four financial years is shown in the given bar graph. The product-wise breakup (in terms of percentage) of the vehicles sold by A, B and C every year, is shown in the given pie charts. 
 
Q.If in the year 2013-14, C gains another 5% share in the total sales purely due to increased sales of MCVs, and these increased sales are at the cost of A & B, with both losing an equal number of MCVs, then what is the new market share of B in the MCV segment? Take necessary data from previous questions and round off your answer to two decimal places if necessary.
    Correct answer is '61.91%'. Can you explain this answer?
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    Answer the following question based on the information given below.The...
    From the second question, total vehicles sold in 2013 - 14 = 150000
    MCVs sold by A = (150000 x 25%) x 30% = 11250 MCVs sold by B = (150000 x 55%) x 40% = 33000 MCVs sold by C = (150000 x 20%) x 10% = 3000 Total MCVs sold in the year 2013-14 = 11250 + 33000 + 3000 = 47250
    To gain 5% market share, additional MCVs required by C = 150000 x 5% = 7500 Loss suffered by each of A & B = 7500/2 = 3750 New market share of B in MCV segment = [(33000 - 3750) x 100J/47250 = 61.905% = 61.91%
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    Answer the following question based on the information given below.The market share of three commercial vehicle manufacturers, A, B and C, for the last four financial years is shown in the given bar graph. The product-wise breakup (in terms of percentage) of the vehicles sold by A, B and C every year, is shown in the given pie charts.Q.If in the year 2013-14, C gains another 5% share in the total sales purely due to increased sales of MCVs, and these increased sales are at the cost of A & B, with both losing an equal number of MCVs, then what is the new market share of B in the MCV segment? Take necessary data from previousquestions and round off your answer to two decimal places if necessary.Correct answer is '61.91%'. Can you explain this answer?
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    Answer the following question based on the information given below.The market share of three commercial vehicle manufacturers, A, B and C, for the last four financial years is shown in the given bar graph. The product-wise breakup (in terms of percentage) of the vehicles sold by A, B and C every year, is shown in the given pie charts.Q.If in the year 2013-14, C gains another 5% share in the total sales purely due to increased sales of MCVs, and these increased sales are at the cost of A & B, with both losing an equal number of MCVs, then what is the new market share of B in the MCV segment? Take necessary data from previousquestions and round off your answer to two decimal places if necessary.Correct answer is '61.91%'. Can you explain this answer? for CAT 2025 is part of CAT preparation. The Question and answers have been prepared according to the CAT exam syllabus. Information about Answer the following question based on the information given below.The market share of three commercial vehicle manufacturers, A, B and C, for the last four financial years is shown in the given bar graph. The product-wise breakup (in terms of percentage) of the vehicles sold by A, B and C every year, is shown in the given pie charts.Q.If in the year 2013-14, C gains another 5% share in the total sales purely due to increased sales of MCVs, and these increased sales are at the cost of A & B, with both losing an equal number of MCVs, then what is the new market share of B in the MCV segment? Take necessary data from previousquestions and round off your answer to two decimal places if necessary.Correct answer is '61.91%'. Can you explain this answer? covers all topics & solutions for CAT 2025 Exam. Find important definitions, questions, meanings, examples, exercises and tests below for Answer the following question based on the information given below.The market share of three commercial vehicle manufacturers, A, B and C, for the last four financial years is shown in the given bar graph. The product-wise breakup (in terms of percentage) of the vehicles sold by A, B and C every year, is shown in the given pie charts.Q.If in the year 2013-14, C gains another 5% share in the total sales purely due to increased sales of MCVs, and these increased sales are at the cost of A & B, with both losing an equal number of MCVs, then what is the new market share of B in the MCV segment? Take necessary data from previousquestions and round off your answer to two decimal places if necessary.Correct answer is '61.91%'. Can you explain this answer?.
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