BREAKING: Target Test Prep releases Brand New 2026 On Demand GMAT prep course

Redeem

Target Test Prep · GMAT

Choose how you want to prepare

Learn live with an expert or move at your own pace. Every option includes the complete TTP study system.

★★★★★5.0559 reviews
Vote for Target Test Prep, Newsweek Readers’ Choice Awards 2026
NEWSWEEK READERS’ CHOICE 2026

BIG NEWS! Target Test Prep has been nominated, and they’d love your vote!

TTP has worked incredibly hard to build the best test prep experience possible, and winning Newsweek’s 2026 Readers’ Choice Award for Best Test Prep would mean a lot to them. If TTP has helped you, they’d be incredibly grateful for your vote. You can vote once each day through September 9.

Vote for TTP
GMATLiveTeach 7 seats left
Chris Peckover
NEXT LIVE COHORT

Oct 13 to Jan 7, 2027

with Chris Peckover

Schedule
Tue, Thu · 8:00 to 10:00 PM ET
Included
40 live hours + 6 months of GMAT OnDemand
  • Live instruction and real-time questions
  • Class recordings and assigned practice
View class & enroll
Limited cohort · enrollment openTarget Test Prep
EALiveTeach 5 seats left
Logan Thompson
EXECUTIVE ASSESSMENT

Sep 6 to Dec 6, 2026

with Logan Thompson

Schedule
Sun · 9:30 AM to 12:30 PM ET
Included
40 hours of live online classes plus six months of access to the complete TTP EA OnDemand course.
  • 165+ EA Score Guarantee
  • 4,100+ Quant, Verbal, and Integrated Reasoning practice questions
  • 400+ hours of in-depth video lessons
  • 3,000+ step-by-step video solutions
View EA class & enroll
Limited cohort · enrollment openTarget Test Prep
GMATOnDemand Start anytime
SELF-PACED MASTERCLASS

Target Test Prep GMAT OnDemand

Complete access from day one. Study on your schedule.

715+ score guarantee
$0to start then $127/mo
  • Personalized study plan and analytics
  • Thousands of lessons and practice questions
Start free 5-day trial
Read 559 reviewsTarget Test Prep

Compare the format, schedule, and included access before enrolling. Prices and seat counts shown reflect the supplied offer details.

Profit-Dividend

Expert replies
Post new topic Post Reply
Previous Topic Next Topic
Junior | Next Rank: 30 Posts
Posts: 19
Joined: Fri May 16, 2008 1:08 am
Thanked: 3 times
by agemroy » Sun Jul 13, 2008 6:54 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



Plz explain. How is the dividend calculated?The face value of the share is not mentioned.
Top
Join the discussion
Log in to postLogin with Googleuse password
QUOTE IN REPLY
Source: — Data Sufficiency |
Senior | Next Rank: 100 Posts
Posts: 66
Joined: Sun Jul 06, 2008 9:14 am
Location: Florida
Thanked: 7 times
GMAT Score:710

by lion147 » Sun Jul 13, 2008 11:33 am
At first glance it looks like an interest rate question, so the answer would be C.

One interest payment of 25% per year:
50 + 0.25(50) = $62.50,
52 - 50 = $2

total profit = 12.5+2 = 14.5.

However, in reality when dividends are quoted as a percentage it is as a percentage of the current share price, and you've no way to determine what the price is at the time the dividend is paid. Dividends are normally quoted as a dollar/cent amount in the US.

But if I saw this in the GMAT, I'd assume it is just a straight interest question.
Top
Join the discussion
Log in to postLogin with Googleuse password
QUOTE IN REPLY
User avatar
Master | Next Rank: 500 Posts
Posts: 200
Joined: Sun Jun 17, 2007 10:46 am
Location: Canada
Thanked: 9 times

by beeparoo » Wed Jul 16, 2008 1:03 pm
Hey agemroy, is this an official GMAC question? It seems different from the types I am used to seeing. Although interest-questions show up, this one seems inauthentic.

I wouldn't sweat it.
Top
Join the discussion
Log in to postLogin with Googleuse password
QUOTE IN REPLY
Post new topic Post Reply
• Page 1 of 1