If ⅞ of the share capital of a certain company is equal to 44,800 naira, what is the total share capital of the company
To find the total share capital of the company, we need to divide the given share capital by 7/8.
44,800 / (7/8) = 44,800 * (8/7) = 51,200 naira
Therefore, the total share capital of the company is 51,200 naira.
To find the total share capital of the company, we can set up a proportion based on the given information.
Let's assume the total share capital of the company is x naira. And since ⅞ of the share capital is equal to 44,800 naira, we can set up the following proportion:
(⅞ of the share capital) / (total share capital) = (amount in naira) / (amount in naira)
(⅞)x = 44,800
To find the value of x, we need to solve for it by isolating it on one side of the equation.
Multiply both sides of the equation by (8/7) to cancel out the ⅞:
x = (44,800) × (8/7)
Now, we can calculate the value of x:
x = 51,200 naira
Therefore, the total share capital of the company is 51,200 naira.
To find the total share capital of the company, we can use a proportion.
Let's denote the total share capital of the company as "x" naira.
According to the information given, ⅞ of the share capital is equal to 44,800 naira.
So we can set up the proportion:
⅞ / x = 44,800 / 1
To solve for x, we can cross multiply:
⅞ * 1 = 44,800 * x
8/8 = 44,800 * x
1 = 44,800 * x
Divide both sides of the equation by 44,800:
1 / 44,800 = x
Thus, the total share capital of the company is 1/44,800 naira.