Events & Promotions
|
|
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
Track
Your Progress
Practice
Pays
Not interested in getting valuable practice questions and articles delivered to your email? No problem, unsubscribe here.
Nov 2007:30 AM PST
-08:30 AM PST
Learn what truly sets the UC Riverside MBA apart and how it helps in your professional growth
Nov 2001:30 PM EST
-02:30 PM IST
Learn how Kamakshi achieved a GMAT 675 with an impressive 96th %ile in Data Insights. Discover the unique methods and exam strategies that helped her excel in DI along with other sections for a balanced and high score.
Nov 1912:30 PM EST
-01:30 PM EST
Learn how Keshav, a Chartered Accountant, scored an impressive 705 on GMAT in just 30 days with GMATWhiz's expert guidance. In this video, he shares preparation tips and strategies that worked for him, including the mock, time management, and more
Nov 2211:00 AM IST
-01:00 PM IST
Do RC/MSR passages scare you? e-GMAT is conducting a masterclass to help you learn – Learn effective reading strategies Tackle difficult RC & MSR with confidence Excel in timed test environment- Nov 23
11:00 AM IST
-01:00 PM IST
Attend this free GMAT Algebra Webinar and learn how to master the most challenging Inequalities and Absolute Value problems with ease. 
Nov 2407:00 PM PST
-08:00 PM PST
Full-length FE mock with insightful analytics, weakness diagnosis, and video explanations!
Nov 2510:00 AM EST
-11:00 AM EST
Prefer video-based learning? The Target Test Prep OnDemand course is a one-of-a-kind video masterclass featuring 400 hours of lecture-style teaching by Scott Woodbury-Stewart, founder of Target Test Prep and one of the most accomplished GMAT instructors.
E
Be sure to select an answer first to save it in the Error Log before revealing the correct answer (OA)!
Difficulty:
5%
(low)
Question Stats:
91% (00:41) correct
9%
(00:51)
wrong
based on 77
sessions
History
Date
Time
Result
Not Attempted Yet
What is the total value of ABC Corporation's stock?
(1) A single investor owns 1/4 of ABC Corporation's total stock.
(2) Another investor owns $16,000 worth of stock in ABC Corporation.
(1) A single investor owns 1/4 of ABC Corporation's total stock.
(2) Another investor owns $16,000 worth of stock in ABC Corporation.
29 Oct 2025, 01:27
Kudos
Bookmarks
i would go with C.
Since both are clearly not sufficient on their own but if we use them both- it states that any 1 investor owns 1/4 and equal that to 16,000, we get the total.
Since both are clearly not sufficient on their own but if we use them both- it states that any 1 investor owns 1/4 and equal that to 16,000, we get the total.
Bunuel
29 Oct 2025, 02:42
Kudos
Bookmarks
IMO E
(1) We know one of the investors owns 1/4. All this tells us is that all other investors own 3/4 combine. It doesn't tell us anything about the price of the stock. For example. 1/4 of the stock is worth $20K, which means answer would be $80K. If 1/4 of the stock is worth $100K, then total value is $400K. NOT SUFFICIENT. Eliminate A and D.
(2) ANOTHER (different) investor owns stock worth $16K. Alone this doesn't tell us how much of the total stock this investor owns. For example, if this investor owned 100% of the stock, answer would be $16K. If he owned 50% of the stock, answer would be $32K. NOT SUFFICIENT. Eliminate B.
(1) + (2) Together
Key point here is the investor in statement 1 is not the same as the one in statement 2. I think this still doesn't tell us the total value of the stock. Let the investor in statement 1 be A and investor in statement 2 be B.
This means A owns 1/4 of the total value (say X) and B owns $16K worth of stock. If we assume there are no other investors other than A and B, this means 3.4*X = 16,000 -> X = $21,333.33K
But it may be the case that there are investors other than A and B (for simplicity let's say C). Now let's say the remaining 3/4 that investor A does not own is split equally among B and C. So B owns 3/8 of X which is equal to $16,000. In this case, X = 42,666.67.
So together we are still able to make cases that are not unique. NOT SUFFICIENT. Hence I think E.
(Pls let me know if the rationale is not on the right track)
(1) We know one of the investors owns 1/4. All this tells us is that all other investors own 3/4 combine. It doesn't tell us anything about the price of the stock. For example. 1/4 of the stock is worth $20K, which means answer would be $80K. If 1/4 of the stock is worth $100K, then total value is $400K. NOT SUFFICIENT. Eliminate A and D.
(2) ANOTHER (different) investor owns stock worth $16K. Alone this doesn't tell us how much of the total stock this investor owns. For example, if this investor owned 100% of the stock, answer would be $16K. If he owned 50% of the stock, answer would be $32K. NOT SUFFICIENT. Eliminate B.
(1) + (2) Together
Key point here is the investor in statement 1 is not the same as the one in statement 2. I think this still doesn't tell us the total value of the stock. Let the investor in statement 1 be A and investor in statement 2 be B.
This means A owns 1/4 of the total value (say X) and B owns $16K worth of stock. If we assume there are no other investors other than A and B, this means 3.4*X = 16,000 -> X = $21,333.33K
But it may be the case that there are investors other than A and B (for simplicity let's say C). Now let's say the remaining 3/4 that investor A does not own is split equally among B and C. So B owns 3/8 of X which is equal to $16,000. In this case, X = 42,666.67.
So together we are still able to make cases that are not unique. NOT SUFFICIENT. Hence I think E.
(Pls let me know if the rationale is not on the right track)
