GMAT Question of the Day - Daily to your Mailbox; hard ones only

 It is currently 15 Oct 2019, 11:52

### GMAT Club Daily Prep

#### Thank you for using the timer - this advanced tool can estimate your performance and suggest more practice questions. We have subscribed you to Daily Prep Questions via email.

Customized
for You

we will pick new questions that match your level based on your Timer History

Track

every week, we’ll send you an estimated GMAT score based on your performance

Practice
Pays

we will pick new questions that match your level based on your Timer History

### Show Tags

03 Oct 2018, 18:30
1
00:00

Difficulty:

5% (low)

Question Stats:

96% (01:18) correct 4% (01:04) wrong based on 31 sessions

### HideShow timer Statistics

A man invests $10000 in some shares in the ratio 2:3:5 which pays dividends of 10%, 25%, 20% on his investment for that year respectively. Find his dividend income. A. 1900 B. 2000 C. 2050 D. 1950 E. 2100 Board of Directors Status: QA & VA Forum Moderator Joined: 11 Jun 2011 Posts: 4778 Location: India GPA: 3.5 WE: Business Development (Commercial Banking) Re: A man invests$10000 in some shares in the ratio 2:3:5 which pays divi  [#permalink]

### Show Tags

04 Oct 2018, 07:24
wishalsp333 wrote:
A man invests $10000 in some shares in the ratio 2:3:5 which pays dividends of 10%, 25%, 20% on his investment for that year respectively. Find his dividend income. A. 1900 B. 2000 C. 2050 D. 1950 E. 2100 $$10000*\frac{2}{10}*\frac{10}{100} + 10000*\frac{3}{10}*\frac{25}{100} + 10000*\frac{5}{10}*\frac{20}{100}$$ $$= 200 + 750 + 1000$$ $$= 1950$$, Answer must be (D) _________________ Thanks and Regards Abhishek.... PLEASE FOLLOW THE RULES FOR POSTING IN QA AND VA FORUM AND USE SEARCH FUNCTION BEFORE POSTING NEW QUESTIONS How to use Search Function in GMAT Club | Rules for Posting in QA forum | Writing Mathematical Formulas |Rules for Posting in VA forum | Request Expert's Reply ( VA Forum Only ) Intern Joined: 17 May 2018 Posts: 48 Re: A man invests$10000 in some shares in the ratio 2:3:5 which pays divi  [#permalink]

### Show Tags

04 Oct 2018, 08:41
2
$10k in the ratio 2:3:5 means that he split the$10k in 2+3+5=10 parts. Each part is of $1k. 2 parts ($2k) earn 10% = 200
3 parts ($3k) earn 25% =$3k divided by 4 = $1.5k divided by 2 = 750 5 parts ($5k) earn 20% = one fifth of 5k = 1k

In total he earned 200 + 750 + 1000 = 1950.

Also please introduce me his investment manager.
_________________
¿Tienes que presentar el GMAT y no sabes por dónde empezar?
¡Visita GMAT para Principiantes y recibe el curso completo gratis!