Hello, requesting to recheck the growth element. It can not be 5% of 10 Cr. It should of 5% of what is sold in each year i.e. 1 Cr. Answer should be 1.05 Cr. Another way to verify is that wihout growth element demand per year is 1 Cr. Can demand increase by 50% each year/
One more deduction can be of resale . Assuming 10% refrigerators sold in market are resale ones We can get 1.5 - 0.15 cr Which will be 1.35 cr i.e much closer to actual 1.4 cr value
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Hello, requesting to recheck the growth element. It can not be 5% of 10 Cr. It should of 5% of what is sold in each year i.e. 1 Cr. Answer should be 1.05 Cr.
Another way to verify is that wihout growth element demand per year is 1 Cr. Can demand increase by 50% each year/
How market size is 10 crore can you please explain the formula used ?
I think the calculations shown in video are wrong,no way the size is comin 10 crores.I followed all the steps mentioned.
@@Vandrets What value did you get? My Total came out to be approx 16 cr instead of 10 cr and my final answer was approx 10cr not 1.5cr.
I followed all the steps mentioned in the video in the actual interview but still the interviewer said there's some mistake in the approach.
did you find out? ive got an interview tom....
I solved it and for the village it comes out to be 5 crore rather than 0.5cr, my final answer came out to be approx 10cr(I might be wrong though).
One more deduction can be of resale .
Assuming 10% refrigerators sold in market are resale ones
We can get 1.5 - 0.15 cr
Which will be 1.35 cr i.e much closer to actual 1.4 cr value
Why to divide with 1500 in the end
Avr person using an Atm.