Question

A real estate investor owns three properties: X, Y, and Z. What is the total profit earned from these properties after selling them? Statements: I: Property X was purchased for $250,000 and sold for $350,000. Property Y was purchased for $300,000 and sold for $450,000. Property Z was purchased for $200,000 and sold for $280,000. II: The investor incurred selling costs amounting to 5% of the selling price for each property. III: The investor's total investment across all properties was $800,000, and the selling prices of all properties combined were $1,200,000.

A Only Statement I alone is sufficient.
B Only Statement II alone is sufficient.
C Only Statement III alone is sufficient.
D Statements I and II together are sufficient.
E All statements together are needed.
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