Calculate tshepo market share

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Reference no: EM132443730

Assume that there are R3500 consumers in the target market (target area) where Tshepo's business is located. The average income per annum, per consumer amounts to R12000. You estimate that each consumer spends 2.5% of their yearly income on your product/service. You estimate that estimate that consumer will be spend at least 80% of their clothes elsewhere. Calculate Tshepo's market share.

Reference no: EM132443730

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