Given the following data:
∙ P owns directly 43% of C2;
∙ P owns directly 30% of C1;
∙ C1 owns directly 40% of C2;
What is the percentage of interest of the parent P over C2?
A) 82%
B) 55%
C) 43%
D) 40%

Question

Quizplus · Accepted Answer

Using the direct ownership percentage of P over C2 (43%) and the indirect ownership of C1 (40%) over C2, we can calculate the total percentage of interest of P over C2 as follows:
P's direct interest in C2 = 43%
P's indirect interest in C2 through C1 = 30% x 40% = 12%
Total interest of P over C2 = 43% + 12% = 55%.
Therefore, the answer is B, 55%.

Given the Following Data