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

Redeem
TTP OnDemand GMAT Video Course
Featured Course

Target Test Prep GMAT OnDemand

Scott Woodbury-Stewart’s private virtual classroom — 400 hours of master-class video lessons for the GMAT Focus Edition.

  • 715+ score guarantee — highest in the industry (99th percentile)
  • 52 chapters · 1,500+ lessons · 4,000+ practice questions
  • 400 hours of video · 1,500+ instructor-led HD smartboard lessons
  • 300,000+ students accepted to Harvard, Stanford, Wharton, Booth & Sloan & more
  • 24/7 live support + weekly Zoom office hours with GMAT instructors
  • TTP AI Assist — 24/7 AI-powered virtual tutor for instant help
  • 1,200+ flashcards + AI-powered study assistant & daily calendar
  • OnDemand, LiveTeach & GMAT Bootcamp formats available
  • Also: GRE, SAT Math & Executive Assessment courses
  • MBA Admissions Consulting now available
  • 🏆 2025 EdTech Breakthrough Award: Test Prep Solution Provider of the Year
  • 200,000+ students served
  • 5-day free trial — $0 to start, no auto-billing, cancel anytime
★★★★★ 5.0 (559 reviews)
130-pt guarantee
$0 to start then $127/mo
Start Free 5-Day Trial Read 559 Reviews →

one more..tough

Expert replies
Post new topic Post Reply
Previous Topic Next Topic
Legendary Member
Posts: 1159
Joined: Wed Apr 16, 2008 10:35 pm
Thanked: 56 times
by raunekk » Mon Jun 16, 2008 5:41 am
8. 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
Top
Join the discussion
Log in to postLogin with Googleuse password
QUOTE IN REPLY
Source: — Data Sufficiency |
Senior | Next Rank: 100 Posts
Posts: 71
Joined: Thu Jan 31, 2008 7:01 am
Thanked: 2 times

by anshul265 » Mon Jun 16, 2008 5:55 am
Is the answer C?
Top
Join the discussion
Log in to postLogin with Googleuse password
QUOTE IN REPLY
Legendary Member
Posts: 1159
Joined: Wed Apr 16, 2008 10:35 pm
Thanked: 56 times

??

by raunekk » Mon Jun 16, 2008 8:06 am
i dont know d answer:(..can u tell me how u got c???
Top
Join the discussion
Log in to postLogin with Googleuse password
QUOTE IN REPLY
Senior | Next Rank: 100 Posts
Posts: 71
Joined: Thu Jan 31, 2008 7:01 am
Thanked: 2 times

by anshul265 » Mon Jun 16, 2008 9:59 am
Both things, dividend rate and its frequency, are imp to find out the amount earned.

It has to be C.
Top
Join the discussion
Log in to postLogin with Googleuse password
QUOTE IN REPLY
Master | Next Rank: 500 Posts
Posts: 167
Joined: Tue Apr 22, 2008 12:48 am
Thanked: 15 times

by durgesh79 » Mon Jun 16, 2008 11:11 am
I dont think its a good GMAT question. Source please.

Few things you need to know about shares to answer such questions.

Dividend is paid on the original value (face value) of a share. We dont know the face value of the share. we dont know if the person baught it from share market or directly from company.

Answer E.
Top
Join the discussion
Log in to postLogin with Googleuse password
QUOTE IN REPLY

GMAT/MBA Expert

User avatar
GMAT Instructor
Posts: 2623
Joined: Mon Jun 02, 2008 3:17 amFollowed by: 355 members
Location: Montreal
Thanked: 1090 times
GMAT Score:780

by Ian Stewart » Mon Jun 16, 2008 4:30 pm
durgesh79 wrote:I dont think its a good GMAT question. Source please.
Agreed! The question is too vague to answer- best to ignore and move on, since you'll never see something like this on a real GMAT.
Top
Join the discussion
Log in to postLogin with Googleuse password
QUOTE IN REPLY
Post new topic Post Reply
• Page 1 of 1