The Smith family has a 55% stake in A company and A company has a 64% stake in B company.Finally,B company has a 51% stake in C company.What percentage ownership does the Smith family have in C company?

Question

Quizplus · Accepted Answer

The Smith family's ownership in C company is calculated by multiplying the ownership percentages: 55% * 64% * 51% = 0.55 * 0.64 * 0.51 = 0.17952, which is approximately 18%.

The Smith Family Has a 55% Stake in a Company