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If the total soda market is $50 Billion and Dr. Pepper has a $10 Billion market, what is Dr. Pepper's market share?

User Phil F
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2 Answers

3 votes

Final answer:

Dr. Pepper's market share is 20%.

Step-by-step explanation:

Dr. Pepper's market share can be calculated by dividing its market size by the total market size and multiplying by 100.



Market share = (Dr. Pepper's market / Total market) * 100



Therefore, Dr. Pepper's market share is:



(10 Billion / 50 Billion) * 100 = 20%.

User Antoine Augusti
by
3.8k points
3 votes

Answer:

20%

Step-by-step explanation:

Dr pepper has 10 bil out of 50 bil which is (10/50)×100 which is 20%

User Onato
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3.2k points