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If OpulCars's revenues in Manchester grow by 30% next year, what will their market share be?Recent Performance (In £ millions) 96.20 58.80 36.70 33.23 11.32 5.73 2014 2015 2016 Gross Profit Total RevenueShare of Revenue by Location Edinburgh Edinburgh 20% London 44% London 39% 31% Rest of U.K. 13% Rest of U.K. 8% Manchester 22Silicon trader THE NEW LUXURY RIDE: OPULENCE IN TRANSPORT by Kevin Harrington Luxury rideshare firm OpulCars prices at 124 pe

stion 8 of 26) If OpulCarss revenues in Manchester grow by 30% next year, what will their market share be? OpulCars is a sma

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Ans. : As Manchester's share is 23% of total revenue of company in 2016. As total revenue of 2016 is 96.20 million. So Manchester part therein is 22.13 million.

If we assume increment of 30% in Manchester Revenue, the expected Revenue will be 28.76 million and Total Revenue will be 102.84 million and Market share will increase by 6.9%; i.e. 30% of 23%.

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