Could anypeople please help me this following question?
Thanks a lot!
An attorney charged a fee for estate planning services for a certain estate. The attorney's fee was what percent of the accessed value of the estate?
(1) The accessed value of the estate was $1.2 million.
(2) The attorney charged $2,400 for the estate planning services.
A. Statement (1) ALONE is sufficient, but statement (2) alone is not sufficient.
B. Statement (2) ALONE is sufficient, but statement (1) alone is not sufficient.
C. BOTH statements TOGETHER are sufficient, but NEITHER statement ALONE is sufficient.
D. EACH statement ALONE is sufficient.
E. Statements (1) and (2) TOGETHER are NOT sufficient.
IMO : C
Tricky question
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Statement(1):vananh2501 wrote:Could anypeople please help me this following question?
Thanks a lot!
An attorney charged a fee for estate planning services for a certain estate. The attorney's fee was what percent of the accessed value of the estate?
(1) The accessed value of the estate was $1.2 million.
(2) The attorney charged $2,400 for the estate planning services.
A. Statement (1) ALONE is sufficient, but statement (2) alone is not sufficient.
B. Statement (2) ALONE is sufficient, but statement (1) alone is not sufficient.
C. BOTH statements TOGETHER are sufficient, but NEITHER statement ALONE is sufficient.
D. EACH statement ALONE is sufficient.
E. Statements (1) and (2) TOGETHER are NOT sufficient.
IMO : C
No information about the fee.
INSUFFICIENT
Statement(2):
No information about the assessed value of the estate.
INSUFFICIENT
Upon combining them, we have information about the assessed value of the estate as well as the fee charged by him. The required percentage = (Fee/Assessed Value)*100, can be calculated.
[spoiler](C)[/spoiler] is correct.
Aneesh Bangia
GMAT Math Coach
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GMAT Math Coach
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