Shares and dividends

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coolhabhi: Master | Next Rank: 500 Posts; Posts: 141; Joined: Tue Oct 04, 2011 5:17 am; Thanked: 25 times

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: Beat The GMAT — Data Sufficiency | Sat May 19, 2012 11:05 am

GmatKiss: Legendary Member; Posts: 2789; Joined: Tue Jul 26, 2011 12:19 amFollowed by: 43 members; Location: Chennai, India; Thanked: 206 times; GMAT Score:640

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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