In 2002, 70% of the total market value was received from old shareholders and the rest from new shareholders. Find the total market value received from new shareholders.

140,000
350,000
27,000
270,000
210,000

Correct answer: 210,000

Solution

Since 70% of the total market value came from old shareholders, the remaining 30% came from new shareholders. Using the given total market value for 2002 from the source set, 30% works out to 210,000.

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