Sales of a company’s product are £10,000. The whole market is worth £50,000.
Market share therefore equals?
Select ONE answer:
- 10%
- 20%
- 50%
- £4,000
- £5,000
Show your workings to arrive at your answer, and explain and justify your reasons
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This is multiple choice question is suitable for Business Studies KS5 classes.
The answer is 2 – £10,000 / £50,000 = 20%

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