If the percentage market share of companies remains the same in 2021 as that in 2020, then what is the increase/decrease in the turnover of Amul from 2020 to 2021 ?
- ((a))
Rs. 175 crore increase
- ((b))
Rs. 140 crore decrease
- ((c))
Rs. 175 crore decrease
- ((d))
Rs. 140 crore increase
Show Answer
Rs. 140 crore decrease
Given:
Total Ice Cream Sale in 2020 = 8500 crore
Total Ice Cream Sale in 2021 = 8000 crore
Amul's Market Share = 28%
Formula used:
Amul's turnover = Total Ice Cream Sale × Market Share (%) / 100
Change in turnover = Turnover in 2021 - Turnover in 2020
Calculations:
Amul's turnover in 2020 = 8500 × 28 / 100
⇒ Amul's turnover in 2020 = 2380 crore
Amul's turnover in 2021 = 8000 × 28 / 100
⇒ Amul's turnover in 2021 = 2240 crore
Change in turnover = 2240 - 2380
⇒ Change in turnover = -140 crore
∴ The decrease in Amul's turnover from 2020 to 2021 is 140 crore.






