Parent Ltd owns 20% of S1 Ltd and controls S2 Ltd without holding any shares in S2 Ltd.In addition,S2 Ltd owns 70% of S1 Ltd.The Parent Ltd indirect interest in S1 Ltd is:
A) 100%.
B) 70%.
C) nil.
D) none of the above.

Question

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The Answer of Parent Ltd owns 20% of S1 Ltd and controls S2 Ltd without holding any shares in S2 Ltd.In addition,S2 Ltd owns 70% of S1 Ltd.The Parent Ltd indirect interest in S1 Ltd is:
A) 100%.
B) 70%.
C) nil.
D) none of the above.

Parent Ltd Owns 20% of S1 Ltd and Controls S2