Company KW is being sold, and both Company A and Company B were considering the purchase. The price of Company KW is 40% more than Company A has in assets, and this same price is also 100% more than Company B has in assets. If Companies A and B were to merge and combine their assets, the price of Company KW would be approximately what percent of these combined assets?  Choose the correct choice from the following choices.
A) 66 % B) 75 % C) 82 % D) 116 % E) 150 %

Rationale: "let the price of company a ' s assets be 100 price of assets of kw is 40 % more than company a ' s assets which is 140 price of assets of kw is 100 % more than company b ' s assets which means price of company b ' s assets is half the price of kw = 70 a + b = 170 kw = 140 kw / ( a + b ) * 100 = 140 / 170 * 100 = 82.35 % or 82 % c"
Answer: C