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Register now and save up to $200 Available with Beat the GMAT members only code • Reach higher with Artificial Intelligence. Guaranteed Now free for 30 days Available with Beat the GMAT members only code • Magoosh Study with Magoosh GMAT prep Available with Beat the GMAT members only code • 1 Hour Free BEAT THE GMAT EXCLUSIVE Available with Beat the GMAT members only code • 5 Day FREE Trial Study Smarter, Not Harder Available with Beat the GMAT members only code • Free Practice Test & Review How would you score if you took the GMAT Available with Beat the GMAT members only code • 5-Day Free Trial 5-day free, full-access trial TTP Quant Available with Beat the GMAT members only code • Get 300+ Practice Questions 25 Video lessons and 6 Webinars for FREE Available with Beat the GMAT members only code ## Difficult Math Question #8 This topic has 6 member replies 800guy Master | Next Rank: 500 Posts Joined 27 Jun 2006 Posted: 354 messages Followed by: 5 members Upvotes: 11 #### Difficult Math Question #8 Tue Sep 05, 2006 7:46 pm A person buys a share for$ 50 and sells it for $52 after a year. What is the total profit made by him from the share? (I) A company pays annual dividend (II) The rate of dividend is 25% (A) Statement (I) ALONE is sufficient, but statement (II) alone is not sufficient (B) Statement (II) ALONE is sufficient, but statement (I) is not sufficient (C) BOTH statements TOGETHER are sufficient, but NEITHER statement alone is sufficient (D) Each statement ALONE is sufficient (E) Statements (I) and (II) TOGETHER are NOT sufficient limits660 Senior | Next Rank: 100 Posts Joined 12 Jul 2006 Posted: 57 messages Followed by: 2 members Wed Oct 25, 2006 5:40 pm I believe its E too No info on 25% of what. _________________ - Jeff Sacco www.jeffsacco.ca gmat_enthus Senior | Next Rank: 100 Posts Joined 18 Oct 2006 Posted: 62 messages Upvotes: 1 Mon Nov 20, 2006 7:46 am I also agree with E. _________________ My 760 | GMAT Preparation Suggestion destination 760! completed! yogeshsheth Newbie | Next Rank: 10 Posts Joined 09 Aug 2006 Posted: 5 messages Wed Sep 06, 2006 11:36 am Hi My choice will be E Statement 1 not sufficient. Statement 2 also not sufficient as dividend paid on face value of share which is unknown. Combining 1 and 2 does not provide us with more info. hence my choice is E dugcanfly Newbie | Next Rank: 10 Posts Joined 06 Sep 2006 Posted: 4 messages Wed Sep 06, 2006 2:01 pm I say C Statement 1 tells you the dividend is annually Statement 2 tells you the rate of the dividend Rishabh Junior | Next Rank: 30 Posts Joined 11 Jul 2006 Posted: 20 messages Thu Sep 07, 2006 8:35 am A person buys a share for$ 50 and sells it for $52 after a year. What is the total profit made by him from the share? (I) A company pays annual dividend (II) The rate of dividend is 25% (A) Statement (I) ALONE is sufficient, but statement (II) alone is not sufficient (B) Statement (II) ALONE is sufficient, but statement (I) is not sufficient (C) BOTH statements TOGETHER are sufficient, but NEITHER statement alone is sufficient (D) Each statement ALONE is sufficient (E) Statements (I) and (II) TOGETHER are NOT sufficient Soln: Considering question stem and stmnt 1: It tells nothing but that dividend is paid annually. Insufficient Considering question stem and stmnt 2: It tells that rate of dividend calculation is 25% and does not give any other information. Insufficient Considering question stem and stmnt 1 & 2: We get the information that dividend is calculated annually at the rate of 25%, but we have no information on face value of the share, because$50 given in the question stem could also be the market vaue for initial purchase. Insufficient.

Hence E

gamemaster Senior | Next Rank: 100 Posts
Joined
03 Sep 2006
Posted:
34 messages
Wed Sep 27, 2006 1:58 am
E

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