GMAT Quantitative Reasoning Practice Test 8

Question : 6 of 76

Marks: +1, -0

What is the par value of the stock

Y

?
(1) The purchase price of stock

Y

was 120 Australian dollars.
(2) Stock

Y

increases in value by

8.5 \%

each year.

Statement (1) BY ITSELF is sufficient to answer the question, but statement (2) by itself is not.
Statement (2) BY ITSELF is sufficient to answer the question, but statement (1) by itself is not.
Statements (1) and (2) TAKEN TOGETHER are sufficient to answer the question, even though NEITHER statement BY ITSELF is sufficient.
Either statement BY ITSELF is sufficient to answer the question.
Statements (1) and (2) TAKEN TOGETHER are NOT sufficient to answer the question, requiring more data pertaining to the problem.

Go to Question:

Prev Question

Next Question