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Intern
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New post 06 Jul 2006, 00:29
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I had a confusion in the following question please let me know the right answer. if possible with an explaination



Question 36.
A computer dealer initially offered a laptop for sale at a price that would have given him a 25% profit over his cost. What was his cost (in dollars)?
(1) The computer dealer eventually sold the laptop for $1150.
(2) After the laptop was rated highly by a PC magazine, the computer dealer raised the price 15% and sold it for a profit of $350.

A. Statement (1) BY ITSELF is sufficient to answer the question, but statement
(2) by itself is not. B. Statement
(2) BY ITSELF is sufficient to answer the question, but statement (1) by itself is not.
C. Statements (1) and (2) TAKEN TOGETHER are sufficient to answer the question, even though NEITHER statement BY ITSELF is sufficient.
D. Either statement BY ITSELF is sufficient to answer the question.
E. Statements (1) and (2) TAKEN TOGETHER are NOT sufficient to answer the question, meaning that further information would be needed to answer the question.

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Schools: Completed at SAID BUSINESS SCHOOL, OXFORD - Class of 2008
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New post 06 Jul 2006, 08:33
Ooops.. I replied in a duplicate post.

http://www.gmatclub.com/phpbb/viewtopic.php?t=31527
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SAID BUSINESS SCHOOL, OXFORD - MBA CLASS OF 2008

  [#permalink] 06 Jul 2006, 08:33
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