The top x shareholders in a corporation each own y shares of a certain stock. The corporation's ownership is represented by a total of w shares of stock. Express the percent of the corporation owned by the top x shareholders.

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16-08-2017
Business

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The top x shareholders in a corporation each own y shares of a certain stock. The corporation's ownership is represented by a total of w shares of stock. Express the percent of the corporation owned by the top x shareholders.

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talkingturkey talkingturkey · Answer 1 · 2017-08-29T15:04:43+02:00

Given:
top x shareholders in a corporation each own y shares of a certain stock
corporation's ownership is represented by a total of w shares of stock.

x - represents the number of top shareholders in a corporation
y - represents the number of shares of a certain stock
w - represents the total shares owned by the corporation

x*y OR xy - total shares owned by the shareholders.

The percent of the corporation owned by the top x shareholders is:

xy/w