Answer:1,76,000 Profit
Step-by-step explanation:
Given
Jesse initially bought the car for 2,200,000 and sold it for 20 %
S.P.=C.P.(1+Profit%)
so, the Selling price of the car is S.P.=![2,200,000\times 1.2=2,640,000](https://tex.z-dn.net/?f=2%2C200%2C000%5Ctimes%201.2%3D2%2C640%2C000)
profit=2,640,000-2,200,000=4,40,000
After this, he bought another car and sells it for a 10 % loss
So, the selling price of the car is ![2,640,000\times 0.9=2,376,000](https://tex.z-dn.net/?f=2%2C640%2C000%5Ctimes%200.9%3D2%2C376%2C000)
loss=2,640,000-2,376,000=2,64,000
Net Profit or loss=4,40,000-2,64,000=1,76,000 Profit