What is the total profit made by him from the share?

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netigen: Legendary Member; Posts: 631; Joined: Mon Feb 18, 2008 11:57 pmFollowed by: 3 members; Thanked: 29 times

by netigen » Wed May 28, 2008 1:00 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 | Wed May 28, 2008 1:00 am

shiraj: Junior | Next Rank: 30 Posts; Posts: 13; Joined: Thu Jan 10, 2008 5:04 am

by shiraj » Wed May 28, 2008 2:05 am

Answer: C

(1) Says that an annual dividend is paid
(2) The rate of that dividend is 25%

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netigen: Legendary Member; Posts: 631; Joined: Mon Feb 18, 2008 11:57 pmFollowed by: 3 members; Thanked: 29 times

by netigen » Wed May 28, 2008 10:31 am

25% of what?

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