1.2

1.1

A, B and C are members of a CC with a 40%,10% and 50% respective interest in the CC. Calculate Member C's revised % interest in the CC if D joins the CC and acquires a 50% interest in the CC by paying R25 000 . % interest before D joins % interest after D joins a. 30% b. 25% c. 20% d. 5% \begin{tabular}{cccc} A & B & C & D \\ 40% & 10% & 50% & 0 \\ & & ? & \end{tabular} Smith, Payne and Naidoo are members of a CC with a 60%,10% and 30% respective interest in the CC. Calculate the revised % interest in the CC if Smith resigns from the CC % interest before Smith resigns % interest after Smith resigns a. Payne =25%; Naidoo =75% b. Payne =70%; Naidoo =30 c. Payne =16%; Naidoo =50% d. Payne =75%; Naidoo =25% \begin{tabular}{ccc} Smith & Payne & Naidoo \\ 60% & 10% & 30% \\ & ? & ? \end{tabular}