Question

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

Options :

  1. 38.74

  2. 23.97

  3. 25.86

  4. 16.24

Show Answer

Answer :

23.97

Solution :

Revenue by pool = 170 + 320 + 215 + 190 = 895

Revenue by mini = 110 + 220 + 180 + 70 = 580

Revenue by prime = 75 + 180 + 120 + 90 = 465

Total revenue by Mola = 895 + 580 + 465 = 1940

Percentage of prime = (465/19400 ×  100 = 23.97%

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