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
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 |
11:? 92 92 42 38 42 18 14 14 18 6 4 2 4 6
Radha,Geeta&Revathi went for a picnic.After a few days they forgot the date,day and month on which they went to picnic.Radha said that it was on Thursday,May 8 and Geeta said that it was Thursday May 10.Revathi said Friday Jun 8.Now one of them told all things wrongly,others one thing wrong and the last two things wrongly.If April 1st is tuesday what is the right day,date and month? thought that he should not waste his time and started moving towards his residence at the speed of 3mi/hr.On the way,he gets the coach and reaches home at 6 o'clock.How far is his residence from railway station.
can anybody tell me all about the UBI clerical post test and interview. I am an exservicemen. Please help me.
A moving Device has been developed and the phrase or proverb "World on your fingure tips".Can you name that Device?
4_4_4_4 = 20 how ? explain plzzzzzzz. from chemicalengr2008@gmail.com
the sides of a right angle triangle are a & b and the hypoteneous is c.a perpenticular from the vertex divids c in to two segments r & s adjesent respectible to a & b .if a:b=1:3 then what is r:s=?
15 software functions are there. It is known that atleast 5 of the m are defective. What is the probability that if three functions are chosen and tested, no errors are uncovered.
My flight takes of at 2am from a place at 18N 10E and landed 10 Hrs later at a place with coordinates 36N70W. What is the local time when my plane landed. a) 6:00 am b) 6:40am c)7:40 d)7:00 e)8:00
if the length of the rectangle is reduced by 20% and breath is increased by 20 % what is the net change ?
In a show, ticket numbers from 101 to 350 are made to sit consecutively. What is the probability that the number of the ticket, selected at random, will be a hundredth digit of 2?
Name of the cipla medicine product
A cube is coloured red on one face,green on the opposite face,yellow on the another face and blue on a face adjecent to yellow face. The other two faces are left uncoloured. it is then cut into 125 smaller cubes of equal size. Q-1: How many Cubes are coloured blue on one faces,red or green on another face and have four uncoloured faces? Q-2: How many cubes are coloured red on one face,and have the remaining faces uncoloured?
5 Answers AJ, Dunnhumby, Satyam, SSB,