recategorized by
330 views
0 votes
0 votes

There are only four brands of entry level smartphones called Azra, Bysi, Cxqi, and Dipq in a country.

Details about their market share, unit selling price, and profitability (defined as the profit as a percentage of the revenue) for the year $2016$ are given in the table below:

In $2017$, sales volume of entry level smartphones grew by $40\%$ as compared to that in $2016$. Cxqi offered a $40\%$ discount on its unit selling price in $2017$, which resulted in a $15\%$ increase in its market share. Each of the other three brands lost $5\%$ market share. However, the profitability of Cxqi came down to half of its value in $2016$. The unit selling prices of the other three brands and their profitability values remained the same in $2017$ as they were in $2016$.

The complete list of brands whose profits went up in $2017$ from $2016$ is:

  1. Azra, Bysi, Cxqi
  2. Bysi, Cxqi, Dipq
  3. Cxqi, Azra, Dipq
  4. Azra, Bysi, Dipq
recategorized by

Please log in or register to answer this question.

Related questions

0 votes
0 votes
0 answers
3