Relative market share practice problems

Marketing Unit 2. Try each one, then open the worked solution. The Credit Sprint app generates unlimited new versions with fresh numbers.

Problem 1.

Your product has a 15% market share and the market leader has 20%. What is your relative market share? (Give a decimal.)

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Relative share = 15 ÷ 20 = 0.75.

Problem 2.

Your product has a 12% market share and the market leader has 25%. What is your relative market share? (Give a decimal.)

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Relative share = 12 ÷ 25 = 0.48.

Problem 3.

Your product has a 10% market share and the market leader has 30%. What is your relative market share? (Give a decimal.)

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Relative share = 10 ÷ 30 = 0.33.

Problem 4.

Your product has a 12% market share and the market leader has 40%. What is your relative market share? (Give a decimal.)

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Relative share = 12 ÷ 40 = 0.3.

Problem 5.

Your product has a 5% market share and the market leader has 30%. What is your relative market share? (Give a decimal.)

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Relative share = 5 ÷ 30 = 0.17.

Problem 6.

Your product has a 15% market share and the market leader has 20%. What is your relative market share? (Give a decimal.)

Show solution

Relative share = 15 ÷ 20 = 0.75.