What was the selling price of property A?

An investor purchased two properties. A and B. The investor later sold property A at a selling price that was 20 percent more than the purchase price of A. and the investor sold property B at a selling price that was 40 percent less than the purchase price of B. If the combined purchase price of properties A and B was S200.000 and the combined selling price was S210.000.

What was the selling price of property A?

A. $I 60.000

B. $I 70.000

C. $I 80.000

D. $I 90.000

E. $200.000

View Answer

Answer: C