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Thread: bracelet for sale

  1. #1
    Trying to make mom and pop proud
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    Question bracelet for sale

    22. A jewelry dealer initially offered a bracelet for sale at an asking price that would give a profit to the dealer of 40 percent of the original cost. What was the original cost of the bracelet?
    (1) After reducing this asking price by 10 percent, the jewelry dealer sold the bracelet at a profit of $403.
    (2) The jewelry dealer sold the bracelet for $1,953.


    --> It is clear that (1) is sufficient, but why is (2) not sufficient? (Because we do not know if the selling price of 1,953 is the same price as offered?)

  2. #2
    Trying to make mom and pop proud
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    Yes absolutely u answered thy self !!

  3. #3
    Trying to make mom and pop proud
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    Thanks for your answer! At least I understand my mistake!

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