SOLUTION: Pamela owns 36% of the stock of a corporation and sells 2/3 of her stock at a 10% profit. What percent of this stock does she own after this transaction?
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Question 45573: Pamela owns 36% of the stock of a corporation and sells 2/3 of her stock at a 10% profit. What percent of this stock does she own after this transaction? Answer by adamchapman(301) (Show Source):
You can put this solution on YOUR website! 36 - (36 x (2/3)) = 36 - 24 = 12
Pamela now owns 12% of the companys stock
I hope this helps.
Adam
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