Company R's annual profit has increased by a constant amount each calendar year since 1985. What was Company R's annual

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Company R's annual profit has increased by a constant amount each calendar year since 1985. What was Company R's annual profit in 1991?

(1) In 1985 Company R's annual profit was $212,000; in 1989 Company R's annual profit was $242,000.
(2) Company R's annual profit has increased by $7,500 each year since 1985.

Answer: A

Source: GMAT Paper Tests