Question
Download Solution PDFStudy the following Bar-chart and the data provided to answer the questions that follow:
Sales of 3-different companies selling T-Shirts for the years from 2006 to 2009 are given.
What percentage of total sale of Brand Y T-shirt is Brand Z T-shirt sold in 2009? (Up to two decimal)
Answer (Detailed Solution Below)
Detailed Solution
Download Solution PDFGiven:
Sale of Brand Y in all years = (970 + 830 + 1080 + 960) = 3840
Sale of Brand Z in 2009 = 1000
Formula Used:
Percentage of Brand Z sale to Brand Y sale = \(\dfrac{\text{Sale of Brand Z}}{\text{Total Sale of Brand Y}} \times 100\)
Calculation:
Percentage = \(\dfrac{960}{3840} \times 100\)
⇒ Percentage = 26.04%
∴ Brand Z T-shirt sale is 26.04% of the total sales of Brand Y T-shirts in 2009.
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