Question

A small company has 10,000 shares. Joan owns 200 of these shares. The company decides to split its shares. What is Joan's ownership percentage after the split?

Answer 1

2%

Explanation:

200 of 10,000 = 2

Answer 2

2% is Joan's ownership percentage after the split

Explanation:

As per the statement:

A small company has 10,000 shares. Joan owns 200 of these shares.

The company decides to split its shares.

⇒Total company shares = 10,000

and Joan's share = 200

We have to find Joan's ownership percentage after the split.

`\text{Joan's ownership percentage} = \frac{\text{Joan owns share}}{\text{Total company shares}} * 100`

then;

`\text{Joan's ownership percentage} = (200)/(10000) * 100 =  2 \%`

Therefore, 2% is Joan's ownership percentage after the split