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Source: Manhattan Prep
An antiques dealer purchased three cabinets at three distinct costs last year and resold all three of those cabinets for three distinct prices this year. If the median price was received for the cabinet that had cost the median amount, and the antiques dealer made a 10% profit on that cabinet, did the dealer make more than a 10% profit margin on any one of the three cabinet sales?
(1) One of the cabinets sold for a price less than its original cost.
(2) The cabinet that sold for the lowest price was the one that cost the antiques dealer the most to purchase.
The OA is B
An antiques dealer purchased three cabinets at three distinct costs last year and resold all three of those cabinets for three distinct prices this year. If the median price was received for the cabinet that had cost the median amount, and the antiques dealer made a 10% profit on that cabinet, did the dealer make more than a 10% profit margin on any one of the three cabinet sales?
(1) One of the cabinets sold for a price less than its original cost.
(2) The cabinet that sold for the lowest price was the one that cost the antiques dealer the most to purchase.
The OA is B
