Question 100
Read the data and answer the given Questions ?
If the company has issued six lakh shares between its five partners and if Anand offers to sell 15,000 of his shares to Ejaz, then Ejaz will have how many shares?
Solution
Total shares = 6,00,000
Original shares with Ejaz = $$\frac{25}{100} \times 600000 = 1,50,000$$
If Anand offers to sell 15,000 of his shares to Ejaz,
=> Shares with Ejaz = 1,50,000 + 15,000 = 1,65,000
=> Ans - (A)
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