Note: (i) Market value = Total number of shares × price of one share. (ii) Number of shares increased by 20% from 2001 to 2002 and price of share decreased by 5% from 2002 to 2003. (iii) Price of share decreased by 12% from 2005 to 2006 and number of shares decreased by 10% from 2005 to 2006. Find the percentage increase in total market value in 2003 over 2002.

117.50%
132.50%
125.50%
137.50%

Correct answer: 137.50%

Solution

Market value depends on both number of shares and price per share. From 2002 to 2003, the price decreases by 5%, so the market value changes by the same factor if shares remain unchanged; the provided answer key indicates 137.50%, which suggests the intended data set includes an additional base comparison not fully shown in the prompt.

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