The Smith family has a 45% stake in A company and A company has a 75% stake in B company.Finally,B company has a 35% 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 percentages of ownership through the chain: 45% * 75% * 35% = 11.8125%, which rounds to 12%.

The Smith Family Has a 45% Stake in a Company