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CA Foundation · Quantitative Aptitude · Sets, Relations and Functions, Limits and Continuity

In a survey of 100 shareholders of a company, 60 hold equity shares, 45 hold preference shares and 15 hold neither. How many shareholders hold both equity and preference shares?

20 shareholders hold both types. Since 15 hold neither, 85 hold at least one type. Applying the union formula, 85 = 60 + 45 - x, so the intersection x equals 105 - 85 = 20.

  1. A15
  2. B20Correct
  3. C25
  4. D30

Explanation

Those holding at least one type = 100 - 15 = 85. Using n(E ∪ P) = n(E) + n(P) - n(E ∩ P): 85 = 60 + 45 - x, so x = 20. The option 25 comes from ignoring the 15 who hold neither and not using the union correctly.

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