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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
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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!!!!
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