Question

Amit spent 4500 rupees annually for online video streaming apps such as amazon prime video, Netflix,and hot star.He spends 1000 on amazon prime video ,1500 on Netflix ,1200 on hot star and 800 on other paid streaming .What is his share of wallet for Netflix?

Answer 1

Answer:

33.33%

Explanation:

Out of his total rupees that he spent 33.33% was for Netflix

Answer 2

Question - Amit spend 4500 rupees annually for online video streaming apps such as Amazon Prime video, Netflix, and Hotstar. He spends 1000 on Amazon prime, 1500 on Netflix, 1200 on Hotstar and 800 on other paid streaming. What is his Share of Wallet for Netflix?a.33.30% b.33.31% c.33.33% d.33.34%

Given - Price of each app

Find - Share of wallet for Netflix

Solution - To find share, the formula to be used is-

Share = cost of Netflix/total cost

Total cost = 1000 + 1500 + 1200 + 800

Performing addition

Total cost = 4500

Share = $\frac{1500}{4500} \times 100$

Performing multiplication and division

Share = 33.33%

Hence, the share of the wallet for Netflix is 33.33%.