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An attorney charged a fee for state planning services for a

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by AAPL » Wed Aug 21, 2019 7:41 am

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GMAT Prep

An attorney charged a fee for estate planning services for a certain estate. The attorney's fee was what percent of the assessed value of the estate?

1) The assessed value of the estate was $1.2 million.
2) The attorney charged $2,400 for the estate planning services.

OA C
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Source: — Data Sufficiency |

by Jay@ManhattanReview » Wed Aug 21, 2019 8:45 pm
AAPL wrote:GMAT Prep

An attorney charged a fee for estate planning services for a certain estate. The attorney's fee was what percent of the assessed value of the estate?

1) The assessed value of the estate was $1.2 million.
2) The attorney charged $2,400 for the estate planning services.

OA C
The attorney's fee as a percent of the assessed value of the estate = (Attorney's fee)/(Estates value)*100%

Statement 1 provides denominator, while Statement 2 provides numerator. Plugging these values, we get the answer. Sufficient.

The correct answer: C

Hope this helps!

-Jay
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