Originally posted by Benny
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Reply to: Mr Thick from Thicktown
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Previously on "Mr Thick from Thicktown"
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Can I borrow 50k? Don't worry, it's not much money, it's less than £4. Thanks
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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)/3Last edited by Scrag Meister; 2 June 2010, 15:54.
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Originally posted by k2p2 View PostOnly 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%)
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Originally posted by Bunk View PostI reckon the parent gets 37.5% and the sons each get 20.83%.
Of course I could be talking utter nonsense.
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:
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Originally posted by Benny View PostIf 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
Of course I could be talking utter nonsense.
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Originally posted by k2p2 View Postdepends on the value of the properties.
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Originally posted by Benny View PostIf 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
Leave a comment:
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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
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