Question

There are 15,000shares in Marybeth's co-op. If Marybeth owns 2% of the cooperative corporation, how many shares does she own?

Answer 1

15,000 X .02 = 300 shares.

Answer 2

Marybeth own 300 shares.

Explanation:

It is given that there are 15,000 shares in Marybeth's co-op and Marybeth owns 2% of the cooperative corporation.

It means she own 2% of all shares.

`\text{Number of shares she own}=15000* (2)/(100)`

`\text{Number of shares she own}=300`

Therefore, Marybeth own 300 shares.