Q. 9 Mola is a digital platform for taxis in a city. It offers three types of rides – Pool, Mini and Prime. The
Table below presents the number of rides for the past four months. The platform earns one US dollar per
ride. What is the percentage share of revenue contributed by Prime to the total revenues of Mola, for
the entire duration?
Type Month
January February March April
Pool 170 320 215 190
Mini 110 220 180 70
Prime 75 180 120 90
(A) 16.24
(B) 23.97
(C) 25.86
(D) 38.74
Calculating the Mola taxi rides revenue share Prime reveals key insights into revenue distribution.
This step-by-step guide explains the correct percentage and analyzes all multiple-choice options, ideal for students practicing data interpretation problems for exams like CAT, GMAT, or business analytics tests.
Step-by-Step Calculation of Total Rides and Revenues
Revenue equals total rides since each ride earns $1. Sum rides for each type over four months:
Pool Rides Total
- January: 170
- February: 320
- March: 215
- April: 190
Total Pool = 170 + 320 + 215 + 190 = 895 rides
Mini Rides Total
- January: 110
- February: 220
- March: 180
- April: 70
Total Mini = 110 + 220 + 180 + 70 = 580 rides
Prime Rides Total
- January: 75
- February: 180
- March: 120
- April: 90
Total Prime = 75 + 180 + 120 + 90 = 465 rides
Grand Total Rides (Revenue)
Total = Pool + Mini + Prime = 895 + 580 + 465 = 1,940 rides
Prime’s Revenue Share Calculation
Prime’s share = (465 ÷ 1,940) × 100% ≈ 23.97%
Correct Answer
✅ (B) 23.97%
Why This Matters for Mola’s Platform Analysis
Prime rides contribute nearly 24% of total revenue, highlighting their premium appeal despite fewer rides than Pool.
Understanding the Mola taxi rides revenue share Prime helps in business decisions like pricing, promotions, and marketing strategies.
Explanation of All Options
| Option | Percentage | Explanation |
|---|---|---|
| (A) | 16.24% | Too low. Likely from averaging monthly Prime rides or summing only two months, ignoring full totals. |
| (B) | 23.97% | Correct. Matches exact calculation: 465 ÷ 1,940 × 100. |
| (C) | 25.86% | Close but incorrect. Possibly due to miscalculating Mini total as 500, affecting overall total. |
| (D) | 38.74% | Overestimated. Might sum only Mini + Prime or double-count February, ignoring Pool revenue. |
Key Takeaways for Data-Driven Decisions
- Always sum all months before dividing for percentage calculations.
- Double-check subtotals: Pool (895), Mini (580), Prime (465).
- Use a calculator to ensure precision in revenue share analysis.
- Careful aggregation prevents common multiple-choice traps.
This analysis confirms 23.97% as the definitive Mola taxi rides revenue share Prime, perfect for exam preparation or business case studies.
