Last visit was: 19 Nov 2025, 01:34 It is currently 19 Nov 2025, 01:34
Home
GMAT
Messages
Tests
Schools
Events
Rewards
Chat
My Profile
Close
GMAT Club Daily Prep
Thank you for using the timer - this advanced tool can estimate your performance and suggest more practice questions. We have subscribed you to Daily Prep Questions via email.

Customized
for You

we will pick new questions that match your level based on your Timer History

Track
Your Progress

every week, we’ll send you an estimated GMAT score based on your performance

Practice
Pays

we will pick new questions that match your level based on your Timer History
Not interested in getting valuable practice questions and articles delivered to your email? No problem, unsubscribe here.
Go to My Error Log Learn more
Close
Request Expert Reply
Confirm Cancel
avatar
robinbjoern
avatar
Joined: 22 Mar 2020
Last visit: 13 Aug 2021
Posts: 26
Own Kudos:
10
Given Kudos: 102
Posts: 26
Kudos: 10
Company executive: Ten years ago, we held an 80% market share 27 Oct 2020, 02:52
Kudos
Add Kudos
Bookmarks
Bookmark this Post
The answer is not correct. Imagine there are 10 Units in the market. now first the US company sells 8 units
If the market is doubled we have 20 units. 40% of 20 units are also 8 -> there must NOT be a revenue increase!
User avatar
shubhim20
User avatar
Joined: 03 Feb 2025
Last visit: 18 Nov 2025
Posts: 114
Own Kudos:
2
Given Kudos: 156
Posts: 114
Kudos: 2
Company executive: Ten years ago, we held an 80% market share 18 Jun 2025, 01:40
Kudos
Add Kudos
Bookmarks
Bookmark this Post
Bunuel @KaarishmaB MartyMurray please help with this
Lucy Phuong
Company executive: Ten years ago, we held an 80% market share in Japan, even though we are a U.S.-based company. At that time, Japanese consumers overwhelmingly preferred our products to those locally produced in Japan. Over the past ten years, our market share in Japan has decreased to almost 40%. However, our revenue from the Japanese has actually increased.

Which of the following best help to explain the above discrepancy?

A. The size of the company market for the company's product has double over the past ten years
B. The population of Japan has remained the same over the past ten years
C. The company has increased its selling price for the product over the past ten years
D. Over the past ten years, local Japanese manufacturers have introduced a number of low cost products that compete with the company's product line
E. Consumer sentiment in Japan has shifted away from imported goods and towards domestically produced goods

Show Spoiler
----

OE: [as below in my post]

----
Dear experts GMATNinja, I just had a related question that is, when it's said "A decreased to almost 40%", is there any case that A could decrease to 39% or some percentage that is a little less than 40%? In my opinion, "almost 40%" means a little either higher or lower than 40%. What do you think about this? Please shed some light on it. Thank you!
---> [The concern has been solved. Answer will be provided below too]

Revised/edited Version of this question is HERE (V10-30).

TOPIC IS LOCKED AND ARCHIVED.
Show more

Archived Topic
Hi there,
This topic has been closed and archived due to inactivity or violation of community quality standards. No more replies are possible here.
Where to now? Join ongoing discussions on thousands of quality questions in our Critical Reasoning (CR) Forum
Still interested in this question? Check out the "Best Topics" block above for a better discussion on this exact question, as well as several more related questions.
Thank you for understanding, and happy exploring!
   1   2 
Moderators:
GMATNinja
GMAT Club Verbal Expert
7445 posts
GMATNinjaTwo
GMAT Club Verbal Expert
234 posts
miag
188 posts