Find the total voting interest of Betty in ABC Limited

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Question - The shareholding in ABC Limited as at 31 March 2019 is:

Abbey 30%

Abbey Limited 35%

Betty Limited 35%

BDE Limited owns 100% of the shares in Abbey Limited. Abbey and Betty each own 50% of the shares in BDE Limited. Betty Limited is owned 65% by Abbey and 35% by Cathy. No market value circumstance exists and all the shares are of the same class with the same voting rights. Find the total voting interest of Betty in ABC Limited?

a. 17.5%

b. 52.5%

c. 30.25%

d. 26.75%

Reference no: EM132699052

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