GMAT Data Sufficiency
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Source: Manhattan
Level: 3
A share of company P is 20 percent more expensive than a share of company Q. What is the ratio of the total value of shares outstanding of company Q to the total value of shares outstanding of company P?
1. The trading volume of shares of company Q is 25 percent more than that of company P.
2. The value of shares outstanding of company Q is $6,000,000 and the value of shares outstanding of company P is $8,000,000.
- 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.