The Tiny stock market has two companies listed on the exchange. Data for the two shares is given in the table below. The Tiny Market Index $($TMI$)$ is value$-$weighted and its base day is Day $1.$ What is the portfolio weight for Company A on Day $1?$

Company A

Company B

Day

Price

# of Shares

Price

# of Shares

$1$

$$10$

$500$

$$11$

$1,500$

$2$

$$11$

$500$

$$13$

$1,500$

Express your answer in percentage form rounded to one decimal.

Portfolio weight $=$

$\%$