Allied & ICAR Exam Bank • ALLIED_2588 NAT • 2 Marks

Section 8: General Aptitude

Quantitative Aptitude

Subtopic: Data Interpretation

Question Statement:

In a multi-year stacked chart, market shares of two firms were: Year 1 (Firm A: 60%, Firm B: 40% of 1000 units); Year 2 (Firm A: 50%, Firm B: 50% of 1400 units). The absolute increase in units sold by Firm B from Year 1 to Year 2 was:

Answer Key:

300

Step-by-Step Solution & Explanation

Firm B Year 1 $= 0.40 \times 1000 = 400$. Year 2 $= 0.50 \times 1400 = 700$. Increase $= 700 - 400 = 300$ units.
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