shabnamthatal194 shabnamthatal194

06-09-2020
Mathematics

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Sonam sold two cars for nu. 55055 each. one has gained him 16% while the other made him loss 16%. how much does he loss or gain in whole transaction?

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tramserran tramserran

06-09-2020

Answer: Total Loss or Gain = $0

Step-by-step explanation:

Gain: $55,055 (1 + 0.16)

= $55,055 (1.16)

= $63,863.80

Profit = $8,808.80

Loss: $55,055 (1 - 0.16)

= $55,055 (0.84)

= $46,246.20

Loss = -$8,808.80

Profit + Loss

= $8,808.80 - $8,808.80

= 0

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