Ashifur August 8, 2023 - 14:28
Problem: A owns 40% of the stock in ABC Company. B owns 15,000 shares. C owns all the shares not owned by A or B. How many shares of stock does A own if C has 25% more shares than A?

View all: PREMIER BANK LTD. | OFFICER | WRITTEN QUESTION SOLVE(MATH) | 2003

Correct Answer: 60000 shares

Explanation:

Let, the total number of share = 100

A owns = 40% of 100 = 40 shares

C owns = 40 + 25% of 40= 40 + 10 = 50 shares

B owns = 100 — (40 + 50) = 10 shares

When B owns 10 shares then A owns = 40 shares

When B owns 15,000 shares then A owns =40×1500010

= 60,000 shares

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