Question
Mr. Brown sold a jacket for $240, this making a profit of 20% on his cost. Later, he sold another jacket for $240 this time suffering a loss of 20% on his cost. The result of the two sales was
A.He gained $40.00
B.He gained $10.00
C.He lost $20.00
D.He lost $10.00
E.He gained $20.00
please show work.
A.He gained $40.00
B.He gained $10.00
C.He lost $20.00
D.He lost $10.00
E.He gained $20.00
please show work.
Answers
Ms. Sue
Profit = $40.00
Loss = $60.00
Loss = $60.00