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A company's profit was $600,000 in 1980. What was its profit in 1981?
(1) There was a 20 percent increase in income in 1981.
(2) There was a 25 percent increase in costs in 1981.
A)if statement I alone is sufficient to answer the question, but statement 2
alone is not sufficient
B)if statement 2 alone is sufficient to answer the question, but statement I
alone is not sufficient
C)if both statements together are needed to answer the question, but neither
statement alone Is sufficient
D)if either statement by itself is sufficient to answer the question
E)if not enough facts are given to answer the question
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