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Between June 1 and June 30, 2000?

Expert replies
by sanju09 » Fri Jan 30, 2009 4:49 am
What was the percent increase of Company A’s stock between June 1 and June 30, 2000?

1. The stock gained $5 in value during June 2000.

2. The stock rose 12% during the first half of the month.

What is OA? IMO E.

The statements, together as well as alone, do not give enough information to answer the question. To determine the percent change, we would need one of the additional pieces of information:

a. The beginning stock price for the month.

b. The ending stock price for the month.

c. The percent change in the stock for the second half of the month.
The mind is everything. What you think you become. -Lord Buddha



Sanjeev K Saxena
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Source: — Data Sufficiency |

by krisraam » Fri Jan 30, 2009 8:56 am
IMO E
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by ajmoney09 » Fri Jan 30, 2009 12:50 pm
The answer is E...
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by sanju09 » Fri Mar 12, 2010 5:05 am
Any better explanation?
The mind is everything. What you think you become. -Lord Buddha



Sanjeev K Saxena
Quantitative Instructor
The Princeton Review - Manya Abroad
Lucknow-226001

www.manyagroup.com
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