Company: future first

Difficulty: medium

Problem Statement

Rise in New York PC Sales Value After IBM and Apple Growth A pie chart shows the distribution of New York market share by VALUE of different computer companies in 2005: IBM 28%, Others 30%, Apple 14%, Commodore 8%, Texas 8%, Tandy 6%, HP 6%. A second pie chart shows the distribution of New York market share by VOLUME of different computer companies in 2005: Commodore 34%, Others 19%, Texas 12%, Apple 11%, IBM 10%, HP 8%, Tandy 6%. Number of units sold in 2005 in New York = 1,500 Value of units sold in 2005 in New York = US $1,650,000 Over the period 2005-2006, if sales (value-wise) of IBM PCs increased by 50% and of Apple by 15%, assuming that PC sales of all other computer companies remained the same, by what percentage (approximately) would the PC sales in New York (value-wise) increase over the same period?

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