Mola is a digital platform for taxis in a city. It offers three types of rides – Pool, Mini and Prime. The Table below presents the number of rides
Q. Mola is a digital platform for taxis in a city. It offers three types of rides – Pool, Mini and Prime. The Table below presents the number of rides for the past four months. The platform earns one US dollar per ride. What is the percentage share of revenue contributed by Prime to the total revenues of Mola, for the entire duration?
Type | Month | |||
January | February | March | April | |
Pool | 170 | 320 | 215 | 190 |
Mini | 110 | 220 | 180 | 70 |
Prime | 75 | 180 | 120 | 90 |
(A) 16.24 (B) 23.97 (C) 25.86 (D) 38.74
Ans: 23.97
Sol:
Revenue by pool = 170 + 320 + 215 + 190 = 895
Revenue by mini = 110 + 220 + 180 + 70 = 580
Revenue by prime = 75 + 180 + 120 + 90 = 465
Total revenue by Mola = 895 + 580 + 465 = 1940
Percentage of prime = 465/1940 × 100
= 23.97 %