Of the shares of stock owned by a certain investor, 30 percent are shares of company x stock and 1/7 of the remaining shares are shares of company y stock. how many shares of company x stock does the investor own?
a) the investor owns 100 shares of company y stock.
b) the investor owns 200 more shares of company x stock than of company y stock.

A) 300 shares

B) 300 shares

Explanation:

Let the total shares owned be 'S'

Data provided in the question:

Shares of Company X stock = 30% of S = 0.3S

Shares of Company Y stock = of remaining stock

i.e of (S - 0.3S) = of 0.7S = 0.1S

Now,

A) The investor owns 100 shares of Company Y stock.

This mean

0.1S = 100

Therefore,

S = 1000 shares

Hence,

Shares of Company X stock = 0.3S = 0.3 × 1,000 = 300

B) The investor owns 200 more shares of Company X stock than of Company Y stock.

This means

0.3S = 200 + 0.1S

or

0.3S - 0.1S = 200

or

0.2S = 200

or

S = 1000 shares

Shares of Company X stock = 0.3S = 0.3 × 1,000 = 300

local content requirement.

Explanation:

In the case when the management team is reviewed the government contract so they notice that minimum 37% of the office chairs value should be generated so this stipulation represent the local content requirement as under this clause, the firm is needed to source the goods portion from the local producers

Therefore the above term should be the answer