Series 79 practice questionmediumMarket Share Calculations
Company A generated $40 million in sales in a $200 million market last year. What was its market share?
- A20%✓ Correct answer
- B15%
- C25%
- D10%
Explanation
Why A — 20%
Market share is $40M/$200M = 20%. The other options reflect common errors in ratio or percentage calculation.
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