Question

If a parent undertaking owns 75% of a subsidiary Clews Ltd, and Clews
Ltd itself owns 20% of another subsidiary, Chase Ltd, then the parent
company owns how much of Chase Ltd?
(a) 50%
(b) 25%
(c) 75%
(d) 15%
​

Answer 1

maybe 75%

idk but this is my ans

Answer 2

Answer:

75%

Explanation:

Here, Chase Ltd and Clews Ltd both are subsidiaries of the same parent company. It is irrelevant in this question that Clews Ltd owns 20% of undertaking Chase Ltd.

Since, we know that Chase Ltd is a subsidiary of the parent company the parent company has to own more than 50% of the undertaking in the Chase ltd. since the only option available which is more than 50% is 75%, the answer would be 75%.