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Vinvika [58]
3 years ago
15

Beach Supply Company sells about 1.4 million beach umbrellas per year. The total annual sales of beach umbrellas in the entire m

arket are 6.2 million. What is Beach Supply’s share of the market, rounded to the nearest tenth of a percent?
Mathematics
2 answers:
shepuryov [24]3 years ago
5 0
The answer is 8.68


#HopeThatHelps  
azamat3 years ago
3 0

Answer: Share of Beach supply in the market is 22.6%.

Step-by-step explanation:

Since we have given that

Total annual sales of beach umbrellas in the entire market = 6.2 million

Sales by Beach supply company per year = 1.4 million

We need to find the Beach supply's share of the market.

So, it must be written as :

\dfrac{Beach\ Supply's\ Share}{Total}\times 100\\\\=\dfrac{1.4}{6.2}\times 100\\\\=\dfrac{140}{6.2}\\\\=22.58\%\\\\\approx 22.6\%

So, Share of Beach supply in the market is 22.6%.

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