Bob bought 2 shares of stock, which he sold for $96 each. If he had a profit of 20% on teh sale of one of the shares but a loss of 20% on the other, teh sale of both combine had
a) profit $10
b) profit $8
c) loss $8
d)Loss $10
e) Neither
Why is c) and not e)?
a) profit $10
b) profit $8
c) loss $8
d)Loss $10
e) Neither
Why is c) and not e)?
Isis Alaska
