SOLUTION: I need help! Please help In the period of a year, an investor lost twince as much as he gained. If he originally had $10,000 and now has $8000, what amount did he gain and what di

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Question 130943This question is from textbook algebra
: I need help! Please help
In the period of a year, an investor lost twince as much as he gained. If he originally had $10,000 and now has $8000, what amount did he gain and what did he lose?
Please and Thank You=)This question is from textbook algebra

Answer by stanbon(48535) (Show Source):
You can put this solution on YOUR website!
In the period of a year, an investor lost twince as much as he gained. If he originally had $10,000 and now has $8000, what amount did he gain and what did he lose?
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Let his gain be "x" dollars; His loss is "2x" dollars
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x - 2x = -2000
-x = -2000
x = 2000 (his gain)
2x = 4000 (his loss)
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Cheers,
Stan H.