x is profit in 1992, 1.2x is profit in 1993,
10% on 1.2x is 1.32x is profit in 1994

1) 0.32x = 100K+0.2x
2) 3$ is profit in 1992 and ~4$ in 1994

Is it A...

agree with above poster, to me answer is also A
it is clear that 1 st is sufficient.to the st 2
(2) it simply restates the terms of problem in other language
For every $3.00 in profits earned in 1992, Company X earned $3.96 in 1994.
it means that every 1$ earned in 1992 resulted in (3.96/3)-1.32$ earned in 1994
and if x$ earned in 1992, then in 1994 it will be 1,32x

our problem states
x-in1992
1,2x-1994
1,2*1,1x=1.32x as we see it is the same as above
so insuff