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A company has issued 10 lakh shares distributed among five partners: Jeevan (10%), Kiran (15%), Lokesh (8%), Rasool (22%), and Meera (45%).

If Jeevan sells 20,000 of his shares to Meera, how many shares will Meera have?

Question

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A company has issued 10 lakh shares distributed among five partners: Jeevan (10%), Kiran (15%), Lokesh (8%), Rasool (22%), and Meera (45%).

If Jeevan sells 20,000 of his shares to Meera, how many shares will Meera have?

Accepted Answer

Step 1: Calculate the number of shares each partner initially has.
- Total shares = 10,00,000
- Jeevan's shares = 10% of 10,00,000 = 1,00,000
- Meera's shares = 45% of 10,00,000 = 4,50,000

Step 2: Jeevan sells 20,000 shares to Meera.
- Jeevan's new shares = 1,00,000 - 20,000 = 80,000
- Meera's new shares = 4,50,000 + 20,000 = 4,70,000

Therefore, after the transaction, Meera will have 4,70,000 shares.

Answer

Answer

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