In the year 2000, the luxury car industry had two
car manufacturers Maruti and Honda with market
shares of 25% and 75% respectively. In 2001, the
overall market for the product increased by 50%
and a new player BMW also entered the market and
captured 15% of the market share. If we know that
the market share of Maruti increased to 50% in the
second year, the share of Honda in that year was:
ans. 35%
why we havn't considered the production increment by 50%