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

Redeem

In \(1979\) Mr. Jackson bought a total of \(n\) shares of stock \(X\) and Mrs. Jackson bought a total of \(300\) shares

Expert replies
by VJesus12 » Sat Nov 28, 2020 11:07 pm

Timer

00:00

Answers

A

B

C

D

E

Stats

Difficulty

In \(1979\) Mr. Jackson bought a total of \(n\) shares of stock \(X\) and Mrs. Jackson bought a total of \(300\) shares of stock \(X.\) If the couple held all of the respective shares throughout \(1980,\) and Mr. Jackson's \(1980\) dividends on his \(n\) shares totaled \(\$150,\) what was the total amount of Mrs. Jackson's \(1980\) dividends on her \(300\) shares?

(1) In \(1980\) the annual dividend on each share of stock \(X\) was \(\$0.75.\)
(2) In \(1979\) Mr. Jackson bought a total of \(200\) shares of stock \(X.\)

Answer: D

Source: Official Guide
Join the discussion
Source: — Data Sufficiency |