SOLUTION: A person buys a pen for 200. He sells the same pen for 400. Again he buys it for 600 and sells it for 800.At the end of the day has the person made profit or loss or no profit or n

Algebra ->  Percentage-and-ratio-word-problems -> SOLUTION: A person buys a pen for 200. He sells the same pen for 400. Again he buys it for 600 and sells it for 800.At the end of the day has the person made profit or loss or no profit or n      Log On


   

Question 1039555: A person buys a pen for 200. He sells the same pen for 400. Again he buys it for 600 and sells it for 800.At the end of the day has the person made profit or loss or no profit or no loss.
Answer by jorel555(1290) About Me  (Show Source):
You can put this solution on YOUR website!
Total cost:200+600=800
Total sales:400+800=1200
Net profit:1200-800=$400!!!!!!!!!!!!!!!