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# A jewelry dealer initially offered a bracelet for sale at an

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Director
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A jewelry dealer initially offered a bracelet for sale at an [#permalink]

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16 Mar 2008, 11:52
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A jewelry dealer initially offered a bracelet for sale at an asking price that would give a profit to the dealer of 40 percent of the original cost. What was the original cost of the bracelet?
(1) After reducing this asking price by 10 percent, the jewelry dealer sold the bracelet at a profit of $403. (2) The jewelry dealer sold the bracelet for$1,953.
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16 Mar 2008, 12:12
think it's A

1 - say x is the original price. so x*1.4*0.9-x=403 - can be solved for x. so sufficient
2 - doesn't say the relation between sold proice and original price. seller might not have sold it for asking price!

would be interested to see what OA is
Re: DS 30:6/30   [#permalink] 16 Mar 2008, 12:12
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