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jenyasd209 [6]
4 years ago
14

Sonam sold two cars for nu. 55055 each. one has gained him 16% while the other made him loss 16%. how much does he loss or gain

in whole transaction? ​
Mathematics
1 answer:
statuscvo [17]4 years ago
5 0

Answer: Total Loss or Gain = $0

<u>Step-by-step explanation:</u>

Gain:   $55,055 (1 + 0.16)

        = $55,055 (1.16)

        = $63,863.80

Profit = $8,808.80

Loss:   $55,055 (1 - 0.16)

        = $55,055 (0.84)

        = $46,246.20

Loss = -$8,808.80

Profit + Loss

= $8,808.80 - $8,808.80

= 0

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