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

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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