Each item is followed by two statements, A. and B. answer each questions using the following instructions.
Choose 1: If the question can be answered by one of the statement alone but not by the other.
Choose 2: If the question can be answered by using either statement alone.
Choose 3: If the question can be answered by using both the statements together, but cannot be answered by using either statement alone.
Choose 4: If the question cannot be answered by either of the statements.
A dress was initially listed at a price that would have given the store a profit of 20% of the wholesale cost. What was the wholesale cost of the dress?
A- After reducing the listed price by 10%, the dress sold with a net profit of $10.
B- The dress is sold for $50.