a man who owned 25% of the equity capital of a certain
company sold 1/2 of his holding last year and 5/12 of its
remaining this year. what part of the business does he own now
- 5 Answers
- 5342 Views
- I also Faced
- E-Mail Answers
Answer Posted / anthony
The concerned person is holding 25% of share i.e 1/4
for the simple understanding
he sold 1/2 of 25% so the left over is 12.5%
he holds jst 12.5% in the present year and sells 5/12 out
the 12.5% of the share holding i.e
5/12 = .417
=12.5*.417
=5.20
So he s holding 5.2% of share!!!!
| Is This Answer Correct ? | 1 Yes | 0 No |
Post New Answer View All Answers
Four persons can cross a bridge in 3, 7, 13, 17 minutes. Only two can cross at a time. Find the minimum time taken by the four to cross the bridge.
Five trays cost is 0.35 each and dozen-----
The length and breadth of a rectangle are increased by 20% and 40% respectively. What is the percentage increase in its area?
3 red and 4 blue balls are in a basket. A member of PPTeam is drawing balls from the basket.What is the probablity of getting the 3 red balls simultaneously?
A team P of 20 engineers can complete a task in 32 days. Another team Q of 16 engineers can complete the same task in 30 days. Then the ratio of working capacity of 1 member of P to that of a member of Q is:
In a box there are four different coloured bells,of some quantity (4 each ) what is the minimum number of pick ups so that, atleast 2 of them of the same colour.
Rahul took a part in cycling game where 1/5 ahead of him and 5/6 behind him then total number of participants?
The ratio of the number of boys and girls in a school is 3:2 Out of these 10% the boys and 25% of girls are scholarship holders. % of students who are not scholarship holders.?
It has 20 mixture contains mil and water in the ratio 3:5,replace 4 litres of mixture with 4 litres of water what is the final ratio of milk and water.
The average of the first 100 positive integers is?
Joe started from Bombay towards pune and her friend julie in opposite direction.they meet at a point .distance travelled by joe was 1.8 miles more than that of julie.after spending some both started there way.joe reaches in 2 hours while julie in 3.5 hours. Assuming both were travelling with constant speed.Wath is the distance between the two cities.
The area of the quadrilateral is 36 What is a*b
How many two digit numbers satisfy the property: the last digit of the square of the two digit number is 8:
Ramesh sit around a round table with some other men. He has one rupee more than his right person and this person in turn has 1 rupee more than the person to his right and so on, Ramesh decided to give 1 rupee to his right & he in turn 2 rupees to his right and 3 rupees to his right & so on. This process went on till a person has 'no money' to give to his right. At this time he has 4 times the money to his right person. How many men are there along with Ramesh and what is the money with poorest fellow.
500 men are arranged in an array of 10 rows and 50 columns . ALL tallest among each row are asked to fall out . And the shortest among THEM is A. Similarly after resuming that to their original positions that the shortest among each column are asked to fall out. And the longest among them is B . Now who is taller among A and B ?
