I'm not sure why (c) wouldn't be correct here. If you know the relationship of the purchase price and the selling price, I feel like that is enough info to solve???
Martha bought an armchair and a table from an auction and then sold both items. Her gross profit from the sale of the armchair was what percent greater than her gross profit from the sale of the table?
1) She paid 10% more for the armchair than the table
2) She sold the armchair for 20% more than what she sold the table for.
Answer:
E - neither statement works
Martha bought an armchair and a table from an auction and then sold both items. Her gross profit from the sale of the armchair was what percent greater than her gross profit from the sale of the table?
1) She paid 10% more for the armchair than the table
2) She sold the armchair for 20% more than what she sold the table for.
Answer:
E - neither statement works
