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Shares and dividends

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Shares and dividends

by coolhabhi » Sat May 19, 2012 11:05 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%
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Source: — Data Sufficiency |
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by GmatKiss » Sat May 19, 2012 11:42 am
coolhabhi wrote: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

Face value and dividend unknown Insufficient

(II) The rate of dividend is 25%
Face value unknown - Insufficient

1+2 = Face value unknown - Insufficient

IMO: E
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