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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 the revenue contributed by Prime to the total revenues of Mola, for the entire duration?

$$\begin{array}{|l|llll|}\hline \textbf{Type}  &  \textbf{Month}\\ & \textbf{January} & \textbf{February}  & \textbf{March} & \textbf{April}\\\hline \textbf{Pool} & \text{170}& \text{320} & \text{215} & \text{190} \\\hline \textbf{Mini} & \text{110}& \text{220} & \text{180} & \text{170} \\\hline \textbf{Prime} & \text{75}& \text{180} & \text{120} & \text{90} \\\hline  \end{array}$$

  1. $16.24$
  2. $23.97$
  3. $25.86$
  4. $38.74$

2 Answers

Best answer
7 7 votes
Percentage share of the revenue contributed by Prime to the total revenues of Mola for the entire duration of 4 months

$=\left ( \frac{1 \times\textrm{Rides given by Prime in 4 months duration}}{1 \times \textrm{Total number of rides in the 4 month duration}} \right ) \times100\%$

$=\left ( \frac{75+180+120+90}{170+320+215+190+110+220+180+70+75+180+120+90} \right )\times 100\%$

$=\left ( \frac{465}{1940} \right )\times 100\%$

$=23.97\%$

$\therefore$ Option B $23.97$
moved by
1 1 vote
Percentage share of the revenue contributed by Prime to the total revenues of Mola for the entire duration of 4 months

$=\left ( \frac{1 \times\textrm{Rides given by Prime in 4 months duration}}{1 \times \textrm{Total number of rides in the 4 month duration}} \right ) \times100\%$

$=\left ( \frac{75+180+120+90}{170+320+215+190+110+220+180+70+75+180+120+90} \right )\times 100\%$

$=\left ( \frac{465}{1940} \right )\times 100\%$

$=23.97\%$

$\therefore$ Option B $23.97$

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