GMAT Data Sufficiency
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Source: OG11th
Level: 3
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 any one-year period.
(2)The annual rate of return for an investment of type K is 12 percent.
- A Statement (1) ALONE is sufficient, but statement (2) alone is not sufficient.
- B Statement (2) ALONE is sufficient, but statement (1) alone is not sufficient.
- C BOTH statement TOGETHER are sufficient, but NEITHER statement ALONE is sufficient.
- D EACH statement ALONE is sufficient.
- E Statements (1) and (2) TOGETHER are NOT sufficient.