Refer to the data table below and answer the following question.PartnersPresent % shareAnand15Basu10Chinmay15Dhiraj10Ejaz50If the company has issued six lakh (6,00,000) shares among its five partners and if Chinmay offers to sell 15,000 of his shares to Dhiraj, then Dhiraj will have how many shares in total?
- A60000 shares
- B75000 shares
- C90000 shares
- D45000 shares
Solution & Step-by-step Explanation
Step 1: Calculate Dhiraj's initial number of shares.Dhiraj has a share of the total 6,00,000 shares.
Step 2: Add the shares bought from Chinmay.Dhiraj receives an additional 15,000 shares from Chinmay.
Step 2: Add the shares bought from Chinmay.Dhiraj receives an additional 15,000 shares from Chinmay.