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by HSPA » Sun Apr 10, 2011 1:44 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%

I got stumped
First take: 640 (50M, 27V) - RC needs 300% improvement
Second take: coming soon..
Regards,
HSPA.
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Source: — Data Sufficiency |
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by force5 » Sun Apr 10, 2011 5:21 am
are you sure the question is not missing something. its not making complete sense to me.
under these circumstances the answer should be E
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by ajmoney09 » Sun Apr 10, 2011 7:48 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%

I got stumped
(I) INSUFFICIENT - We Don't know how much each dividend was.
(II) INSUFFICIENT - We Still Don't know how much each Dividend was.

Together still don't know how much dividend was given.

Answer is E.
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by havok » Sun Apr 10, 2011 7:43 pm
From looking at the history of this question, it doesn't seem like this would ever appear on the real GMAT exam. It's supposedly "too vague".
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