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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?

Partners Present share in %
Bala 5
Shankar 15
Raju 45
Ramesh 25
Pradeep 10

 

Option 1: 29,800

Option 2: 45,000

Option 3: 25,000

Option 4: 40,200


Team Careers360 6th Jan, 2024
Answer (1)
Team Careers360 15th Jan, 2024

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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