document.write( "<A HREF=/cgi-bin/jump-to-question.mpl?question=535960>Question 535960</A>: <I><SPAN STYLE=\"word-break: break-all;\"> A man sells two boats for $6,000.00 each. He made 20% profit on one boat and lost 20% on the other boat. Did he make money, lose money, or break even? How do you know? </SPAN>\n" );
document.write( "</I><HR><TABLE width=100%><TR><TD><B><A HREF=http://www.algebra.com/>Algebra.Com's</A> Answer #352102 by </B><A HREF=/tutors/aboutme.mpl?userid=mananth><B>mananth(16946)</B></A><img src=\"/images/stars/stars-13.gif\" alt=\"\" >&nbsp;<A HREF=/tutors/aboutme.mpl?userid=mananth><IMG SRC=http://www.algebra.com/images/aboutme-small.gif BORDER=0 alt=\"About Me\" VALIGN=MIDDLE></A>&nbsp;<IMG SRC=http://www.algebra.com/cgi-bin/show-face.mpl?user=mananth><BR>You can <A HREF=\"/cgi-bin/embed-solution.mpl?show=1&solution=352102\">put this solution on YOUR website!</A><BR><SPAN STYLE=\"word-break: break-all;\"> First boat selling price $6000<BR>\n" );
document.write( "profit 20%\r<BR>\n" );
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document.write( "His cost price = 6000*100/120 = $5000\r<BR>\n" );
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document.write( "-\r<BR>\n" );
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document.write( "Second boat loss = 20%<BR>\n" );
document.write( "His cost price will be 6000*100/80 = $7500\r<BR>\n" );
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document.write( "Total of Sale = $12,000<BR>\n" );
document.write( "Total cost = 5000+7500= $12500\r<BR>\n" );
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document.write( "You now know he lost $500 </SPAN>\n" );
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