SOLUTION: A closing factory sold two used machines for $1200 each. One machine brings 20% profit; the other 20% loss. How much is the total profit or loss?

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Question 355130: A closing factory sold two used machines for $1200 each. One machine brings 20%
profit; the other 20% loss. How much is the total profit or loss?
Answer by checkley77(12844) About Me  (Show Source):
You can put this solution on YOUR website!
1,200/1.2=1,000 $200 profit
1,200/.8=1,500 $300 loss.
200-300=-$100 net loss.