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If the market share of all the companies remain the same in 2014, what was the increase/decrease in the turnover of Amul from 2013 to 2014?
decreased by 280 crore
increased by 520 crore
decreased by 420 crore
increased by 620 crore
Other than the given options
It's evident from the Line-graph that the Market size of ice-cream from 2013 (8500 cr) to 2014 (7500 cr) has decreased. ∴ Decrease in market size from 2013 to 2014 = (8500 – 7500) = 1000 crore ∴ The decrease in market share of of Amul's turnover = 28% of 1000 cr
=28/100 X1000=280cr
By: Munesh Kumari ProfileResourcesReport error
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