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Data Interpretation Question on Statements and Inferences

If a real estate agent received a commission of 10% of the selling price of a certain house, what was the selling price of the house?
Statement 1: The difference between the selling price and the real estate agent’s commission is 630,000 Statement 2: The selling price is 350% of the original purchase price of 200,000

A

statement (1) alone is sufficient to answer the question

B

statement (2) alone is sufficient to answer the question

C

both the statements together are needed to answer the question

D

statement (1) alone or statement (2) alone is sufficient to answer the question

E

neither statement (1) nor statement (2) suffices to answer the question

Answer

statement (1) alone or statement (2) alone is sufficient to answer the question

Explanation

Solution

The correct option is (D): statement (1) alone or statement (2) alone is sufficient to answer the question