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Company A owns 40% of the stocks in the XYZ corporation.
company B ownz 15000 shares. company C owns all the shares
not owned by the companies A or B. How many shares of stock
does Company A own if company C has 25% more shares than
Company A?
a) 450000 b) 50000 c) 750000 d) 60000
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Answer Posted / indian
d) 60000
C owns = 1.25* 0.4= 0.5 or 50% of XYZ
B owns = 100 % - 40%-50% = 10%
so 10% of 15000 * 0.40 =60000
| Is This Answer Correct ? | 70 Yes | 7 No |
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