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Difficulty: Sub 505 Level,   Percent and Interest Problems,                     
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Math Expert
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Re: For which type of investment, J or K, is the annual rate of return gre [#permalink]
Statement 1 : 115/1000 < 300/2000 , sufficient
Statement 2: of no use , insufficient
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Re: For which type of investment, J or K, is the annual rate of return gre [#permalink]
Bunuel
For which type of investment, J or K, is the annual rate of return greater?

(1) Type J returns $115 per $1,000 invested for any one-year period and type K returns $300 per $2,500 invested for anyone-year period.
(2) The annual rate of return for an investment of type K is 12 percent.

Bunuel

Just wanted to highlight that there might be a typo in the question. Is the official question written in the same way? Please ignore this post otherwise
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Re: For which type of investment, J or K, is the annual rate of return gre [#permalink]
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SlowTortoise
Bunuel
For which type of investment, J or K, is the annual rate of return greater?

(1) Type J returns $115 per $1,000 invested for any one-year period and type K returns $300 per $2,500 invested for anyone-year period.
(2) The annual rate of return for an investment of type K is 12 percent.

Bunuel

Just wanted to highlight that there might be a typo in the question. Is the official question written in the same way? Please ignore this post otherwise

Edited the typo. Thank you!
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Re: For which type of investment, J or K, is the annual rate of return gre [#permalink]
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