Refer to the below data table and answer the following question.PartnersPresent % shareAnand10Basu5Chinmay30Dhiraj5Ejaz50If the company has issued six lakh () shares between its five partners and if Chinmay offers to sell of his shares to Dhiraj, then Dhiraj will have how many shares in total?
- A45000 shares
- B30000 shares
- C60000 shares
- D15000 shares
Solution & Step-by-step Explanation
Total number of shares issued by the company = Dhiraj's present percentage share is .Initial number of shares held by Dhiraj:
Chinmay transfers shares to Dhiraj. Therefore, the new share count for Dhiraj will be:
Chinmay transfers shares to Dhiraj. Therefore, the new share count for Dhiraj will be: