SOLUTION: In the period of a year, and investor lost twice as much as he gained.If he originally had $10,000.00 and now has $8,000.00 what amount did he gain and what did he lose?
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Question 33601: In the period of a year, and investor lost twice as much as he gained.If he originally had $10,000.00 and now has $8,000.00 what amount did he gain and what did he lose?
Answer by checkley71(8403) (Show Source): You can put this solution on YOUR website!
10,000+G-2G=8,000 OR 10,000-G=8000 OR -G=-2,000 OR G=2,000 ANDHIS LOSS WAS 2G
OR 2*2,000 OR 4,000 PROOF: 10,000 GAIN OF 2,000=12,000 THEN THE LOSS OF 2G OR 4,000 GIVES 12,000-4,000 OR 8,000.
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