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by likewhoa » Mon Nov 26, 2007 7:39 am
A construction company was paid a total of $500,000 for a construction project. the company's only cost for the project were for labor and materials.
Was the company's profit for the project greater than $500,000?

(1) The company's total cost was three times its cost for materials.

(2) The company's profit was greater than its cost for labor.

answer C
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Source: — Data Sufficiency |
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by sujaysolanki » Mon Nov 26, 2007 8:06 pm
From stem Total = L + m

5*10^5 = L + m

is p > 5*10^5


From 1 Total = 3m

Put this in stem both L and m can be found ..but we dont know P

From 2 we know p

hence C
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