P Ltd Purchased 80% of the Issued Ordinary Shares of S

Multiple Choice

P Ltd purchased 80% of the issued ordinary shares of S Ltd.S Ltd capital structure is: Ordinary shares-200 000 fully paid shares x $1
Preference shares-50 000 fully paid shares x $1
Preference shares have the same rights as ordinary shares.
The NCI in S Ltd is:

A) 20%.
B) 16%.
C) 36%.
D) none of the above.