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 $8000, what amount did he gain and what did he lose?

Algebra ->  Customizable Word Problem Solvers  -> Finance -> 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 $8000, what amount did he gain and what did he lose?      Log On

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Question 120582: In the period of a year, an investor lost twice 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?
Answer by josmiceli(19441) About Me  (Show Source):
You can put this solution on YOUR website!
Call the gain x, then the loss will be 2x
10000+%2B+x+-+2x+=+8000
10000+-+x+=+8000
x+=+2000
He gained $2000 and then lost $4000 answer
check:
He started with $10000
He gained $2000, so now he has $12000
He last $4000, so now he has $8000
OK