Answer the question on the basis of the information below:
An industry comprises four firms (A, B, C and D). Financial details of these firms and of the industry as a whole for a particular year are given below. Profitability of a firm is defined as profit as a percentage of sales.
|
Figures are in Rs.
|
A
|
B
|
C
|
D
|
Total
|
|
Sales
|
24, 568
|
24,468
|
23,752
|
15,782
|
89,570
|
|
Operating costs
|
17,198
|
19,101
|
16,151
|
10,258
|
62,708
|
|
Interest costs
|
2457
|
2292
|
2850
|
1578
|
9177
|
|
Profit
|
4914
|
4075
|
4750
|
3946
|
17,684
|
If Firm A acquires Firm B, approximately what percentage of the total market (total sales) will they corner together?
- $55\%$
- $45\%$
- $35\%$
- $50\%$