A Question about Percentages.
If the existing ownership of a property is:
Gavin 41%
Tammy 25%
Robby 17%
Peter 17%
Equaling a total of 100%
And now Robby and Peter give up their interest in the property resulting in the following ownership:
Gavin 63.05%
Tammy 35.95%
Robby 0%
Peter 0%
Equaling a total of 100%
What is the method used to get the new ownership percentages of 63.05% and 35.95% for Gavin and Tammy? An explanation would be greatly appreciated!
Thank you.
If the existing ownership of a property is:
Gavin 41%
Tammy 25%
Robby 17%
Peter 17%
Equaling a total of 100%
And now Robby and Peter give up their interest in the property resulting in the following ownership:
Gavin 63.05%
Tammy 35.95%
Robby 0%
Peter 0%
Equaling a total of 100%
What is the method used to get the new ownership percentages of 63.05% and 35.95% for Gavin and Tammy? An explanation would be greatly appreciated!
Thank you.