Market share practice problems

Marketing Unit 5. Try each one, then open the worked solution. The Credit Sprint app generates unlimited new versions with fresh numbers.

Problem 1.

Industry sales are $30,000,000. A firm's sales are $4,500,000. What is the firm's market share?

Show solution

Market share = 4500000 ÷ 30000000 × 100 = 15%.

Problem 2.

Industry sales are $80,000,000. A firm's sales are $16,000,000. What is the firm's market share?

Show solution

Market share = 16000000 ÷ 80000000 × 100 = 20%.

Problem 3.

Industry sales are $130,000,000. A firm's sales are $39,000,000. What is the firm's market share?

Show solution

Market share = 39000000 ÷ 130000000 × 100 = 30%.

Problem 4.

Industry sales are $150,000,000. A firm's sales are $37,500,000. What is the firm's market share?

Show solution

Market share = 37500000 ÷ 150000000 × 100 = 25%.

Problem 5.

Industry sales are $20,000,000. A firm's sales are $3,000,000. What is the firm's market share?

Show solution

Market share = 3000000 ÷ 20000000 × 100 = 15%.

Problem 6.

Industry sales are $190,000,000. A firm's sales are $28,500,000. What is the firm's market share?

Show solution

Market share = 28500000 ÷ 190000000 × 100 = 15%.