Question

elisa owns 28% of the grudman corporations . The rest of the shares are owned equally by the remaining six share holders . what percent of the corporation does each of the other share holds own?

Answer 1

OK so there is 72% of the company left to share. Divide that by six you get 12.

Each shareholder has 12% of the company.

Answer 2

Answer: 12%

Explanation:

Given : The percentage of shares of the Grudman corporations owned by Elisa =28%

The rest of the shares are owned equally by the remaining six share holders .

Since we take 100% as the percent of whole.

Then, the percent of the rest of the shares =
`100\%-28\%=72\%`

Number of shareholders =6

Then, the percent of the corporation, each of the other shareholder owns:-

`(72\%)/(6)=12\%`

Hence, percent of the corporation, each of the other shareholders owns = 12%