SOLUTION: Ella owns 15% of Fitz Incorporated. The rest of the shares are owned equally by the remaining 5 shareholders. What percent of the corporation does each of the other shareholders ow

SOLUTION: Ella owns 15% of Fitz Incorporated. The rest of the shares are owned equally by the remaining 5 shareholders. What percent of the corporation does each of the other shareholders ow

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Question 1044634: Ella owns 15% of Fitz Incorporated. The rest of the shares are owned equally by the remaining 5 shareholders. What percent of the corporation does each of the other shareholders own?

Answer by jorel555(1290) (Show Source): You can put this solution on YOUR website!
If Ella owns 15%, the rest of the shareholders own the remaining 85%.
85/5=17%
The rest of the shareholders own 17% apiece of Fitz.
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