
Study the data given below and answer the following question. The table shows the current percentage share of 6 partners in a company:
If the company has issued shares among its 6 partners and if Verma offers to sell of his shares to Pandey, how many shares will Pandey have in total?
- A
- B
- C
- D
Solution & Step-by-step Explanation
Total shares issued by the company = shares.
Step 1: Find the initial number of shares held by Pandey
Pandey's initial share percentage =
Step 2: Calculate the new total after purchasing shares from Verma
Verma transfers shares to Pandey.
Step 1: Find the initial number of shares held by Pandey
Pandey's initial share percentage =
Step 2: Calculate the new total after purchasing shares from Verma
Verma transfers shares to Pandey.