Series 79 practice questionhardMarket Share Impact
Company B and C each have $100M in sales in a $1B market. If Company B's sales grow 10% while the market grows 5%, what is Company B's new market share?
- A10.45%✓ Correct answer
- B11.0%
- C10.0%
- D9.55%
Explanation
Why A — 10.45%
Company B grows to $110M; market grows to $1.05B. Market share = $110M/$1,050M ≈ 10.45%. The other figures result from errors in calculating both company and market growth.
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