SOLUTION: In the period of a year, an investor lost twice as much as he gained. If he originally had $10,000 and now has $8,000, what amount did he gain abd what did he lose?

Question 6090: In the period of a year, an investor lost twice as much as he gained. If he originally had $10,000 and now has $8,000, what amount did he gain abd what did he lose?
Answer by Abbey(339) (Show Source): You can put this solution on YOUR website!
let x = the amount gained
let -2x = the amount lost
because we are retracing what happened to the money we have to work in the opposite direction: the gain will be subtracted and the loss will be added back in:
the amount he has now (8000) minus the gain, plus the loss will equal 10000
8000-x+2x=10000
subtract 8000 from both sides
x=2000
so he gained 2000 and lost twice that or 4000.

RELATED QUESTIONS
In the period of a year, an investor lost twice as much as he gained. If he originally... (answered by josmiceli)

In the period of a year, an investor lost twice as much as he gained. if he originally... (answered by ankor@dixie-net.com)

In the period of a year, an investor lost twice as much as he gained . If he originally... (answered by stanbon)

In the period of a year, an investor lost twice as much as he gained. If he originally... (answered by ichudov)

PLEASE HELP ME SOLVE THIS PROBLEMS: in the period of a year, an investor lost twice as... (answered by jim_thompson5910)

In the period of a year, an inventor lost twice as much as he gained. If he originally... (answered by ankor@dixie-net.com)

Hi! In the period of a year, an invester lost twice as much as he gained. If he... (answered by mathispowerful)

I need help! Please help In the period of a year, an investor lost twince as much as he... (answered by stanbon)

In the period of a year, and investor lost twice as much as he gained.If he originally... (answered by checkley71)