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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 / 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 |
Answer / ritesh agrawal
let assume total no of shares = x
A owns : 0.4x
B owns : 15000
C owns : 1.25(o.4x)
so,
x=o.4x+15000+1.25(0.4x)
if we solve then
X=150000
A owns : 0.4*150000= 60000
| Is This Answer Correct ? | 32 Yes | 3 No |
Answer / champak chacha
a= 40%
b=15000 share
c have 25% more share than a
so let 40% as 100
means 40 divide by 100=0.4
then multiply 0.4 * 125(100+25)=50
that means c have 50% share in company
a=40% c=50% b= 10%(15000)
15000 divide by 10 then multiply by 40= 60,000
| Is This Answer Correct ? | 17 Yes | 2 No |
Answer / chanra oscar
A owns 40%
C owns 25% more than A which is 40*.25=10%
So C owns 50%.
A+B+C=100%
B=10%=15,000
A=40%= x?
So A=(15,000*40)/10
A=60,000
d) is correct.
| Is This Answer Correct ? | 8 Yes | 1 No |
Answer / rohan gawande
Company A 40%
Company b 15000 shares
Company c 25% more than A[Means 40%+25%=65%]
Company A & C Holding 65% And Company B 15000 shares
Means Company B Holds 35% it's Equal To 15000 Shares
35 = 15000
100 = ?
Ans = 42857
| Is This Answer Correct ? | 1 Yes | 12 No |
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