Question 743167
100% of the pizza market is $2.4million or $2,400,000.

This si 100% so it is 100 x more than 1% of the total market.

In other words 1% of the market is 1/100 of the total market ... 
or $2,400,000/100 = $24,000

The pepperoni market is 31%, which is 31 x 1% of the market = 31 x 24000 = $744,000

Sausage pizza is 20%, which is 20% 1% of the market = 20 x 24000 = $480,000

So, the difference between the two is 744,000 - 480,000 = $264,000