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SKYLIGHT Ltd had 2 0 0 0 ordinary shares in issue. The total market value of the existing shares was R 3 2 0 0

SKYLIGHT Ltd had 2000 ordinary shares in issue. The total market value of the existing shares was R32000. SKYLIGHT Ltd issued 300 new ordinary shares to new investors at a market price of R16 each. Determine the percentage of control of the original shareholders of SKYLIGHT Ltd after the issue of the new shares? Set your calculator to four decimal places and round your final answer to two decimal places. If there is a slight rounding difference, choose the alternative that is closest to your answer.
(a)13,04%
(b)15,00%
(c)86,96%
(d)90,91%
Select one:
a.
90,91%
b.
13,04%
c.
15,00%
d.
86,96%

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