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Previously on "Mr Thick from Thicktown"

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  • Doggy Styles
    replied
    Originally posted by Benny View Post
    If there are two properties 1 parent and 3 sons

    no good at maths I'm afraid

    The split on property 1 is

    Parent 50%

    3 sons equal share of remaining 50%

    Property 2

    Parent 25% & each son 25%

    as a % what is each sons total % of the combined properties

    TIA
    Using the principles of Gordonomics, the state owns 94% and the three sons own 15% each.

    Leave a comment:


  • Bunk
    replied
    Originally posted by Zippy View Post
    No change there then

    Leave a comment:


  • shoes
    replied
    Can I borrow 50k? Don't worry, it's not much money, it's less than £4. Thanks

    Leave a comment:


  • Scrag Meister
    replied
    Depends on the values of the properties.

    P1 is expensive, parental %age of total goes up
    P2 is expensive, parental %age of total goes down

    As P1 approaches 0, and P2 approaches infinity, parental %age approaches 25%
    As P1 approaches infinity, and P2 approaches, parental %age approaches 50%

    and the childrens = (100 - parental %age)/3
    Last edited by Scrag Meister; 2 June 2010, 15:54.

    Leave a comment:


  • Zippy
    replied
    Originally posted by Bunk View Post
    Ha, see! I knew I was probably talking rubbish
    No change there then

    Leave a comment:


  • Bunk
    replied
    Originally posted by k2p2 View Post
    Only if the properties are the same value.

    e.g.
    Property 1 is worth £200
    Parent gets £100
    Each son gets £33.33

    Property 2 is worth £1000
    Parent gets £250
    Each son gets £250

    Total value = £1200
    Parent gets £350 (29%)
    Each son gets £288.33 (24%)
    Ha, see! I knew I was probably talking rubbish

    Leave a comment:


  • mudskipper
    replied
    Originally posted by Bunk View Post
    I reckon the parent gets 37.5% and the sons each get 20.83%.

    Of course I could be talking utter nonsense.
    Only if the properties are the same value.

    e.g.
    Property 1 is worth £200
    Parent gets £100
    Each son gets £33.33

    Property 2 is worth £1000
    Parent gets £250
    Each son gets £250

    Total value = £1200
    Parent gets £350 (29%)
    Each son gets £288.33 (24%)

    Leave a comment:


  • realityhack
    replied
    Parent: 37.5%
    Each child: 20.83%

    Ah, Bunk got there first.

    Leave a comment:


  • Bunk
    replied
    Originally posted by Benny View Post
    If there are two properties 1 parent and 3 sons

    no good at maths I'm afraid

    The split on property 1 is

    Parent 50%

    3 sons equal share of remaining 50%

    Property 2

    Parent 25% & each son 25%

    as a % what is each sons total % of the combined properties

    TIA
    I reckon the parent gets 37.5% and the sons each get 20.83%.

    Of course I could be talking utter nonsense.

    Leave a comment:


  • alreadypacked
    replied
    Originally posted by k2p2 View Post
    depends on the value of the properties.
    and how much the tax man wants.

    Leave a comment:


  • mudskipper
    replied
    Originally posted by Benny View Post
    If there are two properties 1 parent and 3 sons

    no good at maths I'm afraid

    The split on property 1 is

    Parent 50%

    3 sons equal share of remaining 50%

    Property 2

    Parent 25% & each son 25%

    as a % what is each sons total % of the combined properties

    TIA
    depends on the value of the properties.

    Leave a comment:


  • Benny
    started a topic Mr Thick from Thicktown

    Mr Thick from Thicktown

    If there are two properties 1 parent and 3 sons

    no good at maths I'm afraid

    The split on property 1 is

    Parent 50%

    3 sons equal share of remaining 50%

    Property 2

    Parent 25% & each son 25%

    as a % what is each sons total % of the combined properties

    TIA

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