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Last year Mrs. Long received $160 in dividends on her shares of Company X stock, all of which she had held for the entire year. If she had had 12 more shares of the stock last year, she would have received $15 more in total annual dividends. How many shares of the stock did she [...]
Written by Take GRE Team on September 26th, 2008 with
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Last year Mrs. Long received $160 in dividends on her shares of Company X stock, all of which she had held for the entire year. If she had had 12 more shares of the stock last year, she would have received $15 more in total annual dividends. How many shares of the stock did she have last year?
(A) 128
(B) 140
(C) 172
(D) 175
(E) 200
GRE Question of the Day by Take GRE Team on September 26th, 2008 with
8 answers.
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sammax
#2.
November 8th, 2006, at 12:51 PM.
A
Shikha
#3.
November 8th, 2006, at 3:26 PM.
a)
swtsvn
#4.
November 9th, 2006, at 12:17 AM.
a
AL
#5.
December 6th, 2006, at 1:49 PM.
12 stocks- 15$ => 15/12 $ per stock
i.e 5/4 $per stock
she got 160$ => she has (4/5)160 stocks
i.e 128 stocks
pari
#6.
September 26th, 2008, at 12:41 PM.
This pblm can b solved simply by setting up a proportion
for x shares held she earned $160
for x+12 she earned 160+15 = $175
so, x: (x+12) :: 160:175
=> (x+12)(160) = (175)(x)
=> 160x+1920=175x
=> 1920=15x
=> x=128
so ans is A
gati
#7.
September 30th, 2008, at 4:52 PM.
ans is 128
Nagadurgarao koduri
#8.
October 25th, 2008, at 9:27 PM.
12 shares———–$15
X shares———-$160
X = 12 * 160/15 = 128
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#1. November 8th, 2006, at 6:13 AM.
Let x be the number of shares.
x—160
x+2—-175
(x+2)160=175x Solving for x ==> x = 128. Answer A