SOLUTION: Jalen owns 35% of Grudman Corp. The rest of the shares are owned equally by the remaining five shareholders. What percent of the corporation does each of the other shareholders own

Algebra ->  Finance -> SOLUTION: Jalen owns 35% of Grudman Corp. The rest of the shares are owned equally by the remaining five shareholders. What percent of the corporation does each of the other shareholders own      Log On


   



Question 1181589: Jalen owns 35% of Grudman Corp. The rest of the shares are owned equally by the remaining five shareholders. What percent of the corporation does each of the other shareholders own?
Answer by greenestamps(13200) About Me  (Show Source):
You can put this solution on YOUR website!


One-fifth of what is left after the 35% is taken away:

%28100-35%29%2F5

Simple calculation.... Do it.