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Group – 1

Members: Aravind Kota – 200101038


Jay Doshi – 200103070
Naveen Bharadwaj – 200201044
Ayushi Tyagi – 200201020
Rishabh Kathil – 2001011121
Aman Fatehpuria - 200102011

Population of Delhi = 4.5 Cr

Literacy rate = 86%

Literacy population = 3.8 Cr

% Population of literate people in India reading newspaper = 40%

% Population of literate people in Delhi reading newspaper = 50%

No of people reading newspapers = 1.9 Cr

No of people reading online newspaper = 20% of (1.9Cr) = 38 lakhs

No of people reading printed newspaper = 1.54 Cr

Market shares of Newspapers in Delhi:

Nai Dilli = 28%

NDT English = 25%

IPT = 20%

Bharatbhoomi = 7%

Others = 20%

No of readers of NDT = 25% of 1.5 Cr = 37.5 Lakhs

Initial Price of NDT = Rs.6

Initial Demand = 37.5 Lakhs

New Price of NDT = Rs.4

New Demand = 37.5 + 37.5*0.5 = 56.25 Lakhs

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