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
- 5314 Views
- I also Faced
- E-Mail Answers
Answers were Sorted based on User's Feedback
Answer / 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 |
Answer / angu ganesh
A man having 25% of equity capital that means 1/4.
he sold 1/2 of the 25%. That means (1/2)*(1/4)=1/8.
Remaining equity share is (1/4)-(1/8)=1/8.
Next year he spent 5/12 of the remaining. That is
(5/12)*(1/8)=5/96.
Remaining equity is (1/8)-(5/96)= 7/96 .
So 7/96 is the answer for this question.
| Is This Answer Correct ? | 1 Yes | 0 No |
Answer / mohd. anas khan
let his holding be =x.
holding remaining after he sells 1/2 last yr =x/2.
holding remaining after he sells 5/12 this yr =x/2 * 5/12.
=5x/24.
when he holds 'x' his % =25
when he holds '1' his % =25/x
when he holds '5x/24' his % =25/x * 5x/24
=125/24
~ 5%
| Is This Answer Correct ? | 2 Yes | 2 No |
Answer / nandkishor
The right answer is 1/12
How it is come
assuming that his total share is 1 = 25%
He sold 1/2 of his holding in the first year
i.e. 1-1/2 = 1/2
5/12 i the of remianing share in the subsequent year
i.e. 1/2-5/12
=1/12
The answer is 1/12 part of his business
| Is This Answer Correct ? | 2 Yes | 5 No |
You have 8 balls. One of them is defective and weighs less than others. You have a balance to measure balls against each other. In 2 weighings how do you find the defective one?
6 Answers Geniteam, Microsoft, Wipro,
1,2,4,8,16,....,64,128,....,512
In a certain code, PEAK is written as ?3512? and DINE is written as ?6895?. How is KIND written in that coade? (a) 2396 (b) 2986 (c) 2896 (d) 2596 (e) None of these
Bird : Fly : : Snake : ? (A) Timid (B) Clatter (C) Crawl (D) Hole
Three men A, B, C can complete a work separately in some specified days (May be 8, 7, 6).If they do the work together by alternate days. Then how many days need to complete the work?
find the next number in the series 1,2,5,10,17,26
Complete the Table given below: Three football teams are there. Given below is the group table. Fill in the x's Played Won Lost Draw Goals For Goals Against A 2 2 x x x 1 B 2 x x 1 2 4 C 2 x x x 3 7
can you send me the SBI Clerical post model question papers
0 Answers State Bank Of India SBI,
Frank is 15 years younger then John. In 5 years John will be twice as old as Frank. How old will Frank be in four years?
I Need Change For 100 Rs It Should Not Be 10 Rs Notes But It Should Contain 10 Notes, Any Ideas?
30 Answers HCL, MAHINDRA, Wipro,
I'm also facing the same problem. plz send me model question papers and answers which help me to face interview for clerical staff in sbi.
A fly is there 1 feet below the ceiling right across a wall length is 30m at equal distance from both the ends. There is a spider 1 feet above floor right across the long wall eqidistant from both the ends. If the width of the room is 12m and 12m, what distance is to be travelled by the spider to catch the fly? if it takes the shortest path.
English 
