Question

A clothing store is in a partnership with an e-commerce marketplace. Store 1 has 8,295 total units in their inventory. Marketplace 1 sells 14% of Store 1’s total inventory. Marketplace 1 works with 614 stores and 300 brands and has a revenue of $909,202,454.

Marketplace 2 works with Store 2. Store 2 has 2,400 total units in their inventory. Marketplace 2 works with 10 stores and 0 brands.

Based on Marketplace 1’s numbers, what percentage of Store 2’s inventory is sold by Marketplace 2?

Answer 1

given information in the question:

store 1 has 8295 total units in their inventory

and market place1 sold 14% of store 1 total inventory

so from revenue of market place 1 the store1 inventory value or revenue is = $909202454/8295 units

=$109608.49  

market place 1 has sold 14% of store1 inventory that is= $109608.49*14%

=$15345.18

based on market place 1 numbers by lookin at the following given data in the question we can easily guess the percentage might be 0.28%

market place 1 inventory revenue is $15345.18

so from this we get store2 inventory percentage 2400/8295=0.28%

so the revenue of store2 with accordance to store1 is =$15345.18*0.28%

=$42.96