XYZ Corporation

A owns 40%
C owns 25% more than A
25% of 40 = 10% more than A
C owns 100 - A'sshre- B share = 100 - 40 -50 = 10%
10% = $ 15000
40% = $ 15000* 4

IMO C

gmatwriter wrote:Please Explain:

Company A owns 40% of the stock in the XYZ corporation. Company B owns $15000 shares. Company C owns all the shares not owned by companies A or B. How many shares of stock does company A own if company C has 25% more shares than company A?

a.45,000
b.50,000
c.60,000
d.75,000
e.90,000

c

I think the best point to start from is the comparison of C and A.

C has 25% more than A. i.e 1/4the more than A OR 1/4th of 40% OR 10% more than A. or 50% of the total.

therefore, B has 10% which is given to be 15000, or 100% will be 150000.

Now, A + B is 50%, which is 75000. therefore 75000 - 10% (B's share) = 75000 - 15000 = 60000. hence, C.

Thanks guys