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
3
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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
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