A clothing store acquired an item at a cost of x dollars and sold the item for y dollars. The store's gross profit from the item was what percent of its cost for the item? (1) y - x = 20 (2)
y/x = 5/4Statement (1) ALONE is sufficient, but statement (2) alone is not sufficient., Statement (2) ALONE is sufficient, but statement (1) alone is not sufficient., BOTH statements TOGETHER are sufficient, but NEITHER statement ALONE is sufficient., EACH statement ALONE is sufficient., Statements (1) and (2) TOGETHER are not sufficient.
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