Question : The following table shows the present share of 5 partners of a company. If the company has issued its 1,00,000 shares between its five partners and Raju sells 15,200 of his shares to Ramesh, how many shares will Ramesh have?
Option 1: 29,800
Option 2: 45,000
Option 3: 25,000
Option 4: 40,200
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Correct Answer: 40,200
Solution : Initial shares of Ramesh = 25% of 100000 = 25,000 Number of shares Raju sold to Ramesh = 15,200 Final shares of Ramesh = 25000 + 15200 = 40,200 Hence, the correct answer is 40,200.
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