Question

Company Flipkart is being sold, and both Company Amazon and Myntra were considering the
purchase. The price of Company Flipkart is 50% more than Amazon has in assets, and this
same price is also 100% more than Myntra has in assets. If Companies Amazon and Myntra
were to merge and combine their assets, the price of Company Flipkart would be
approximately what percent of these combined assets?

Answer 1

Answer:

50%assets

please mark me brainliest answer

Answer 2

Answer:

Hence, the price of Company Flipkart would be approximately 85% of the combined assets of Myntra and Amazon

Step-by-step explanation:

As per the data given in the question,

We have.

The price of Company Flipkart is 50% more than Amazon

The price of Company Flipkart is 100% more than Myntra

So, let the total asset of company Amazon is $100x$

So, price of company flipkart is $(100+50)\%\:of\:100x = 150x$

As, the price of Company Flipkart is 100% more than Myntra

So,

$150x=200\%\:of\:Myntra\\\\\Rightarrow Myntra=\frac{150x}{\frac{200}{100}}\\\\\Rightarrow Myntra=75 x$

If Companies Amazon and Myntra were to merge and combine their assets, then total asset of Amazon and Myntra is $100x+75x=175x$

So, approximate percentage of asset of flipkart and combined asset of myntra and amazon is

$\frac{150x}{175x}\times 100\%\\=\frac{6}{7}\times 100\%\\=85.71\%$