BREAKING: Target Test Prep releases Brand New 2026 On Demand GMAT prep course

Redeem

Profits

This topic has expert replies
Post new topic Post Reply
Previous Topic Next Topic
Source: — Problem Solving |
User avatar
Legendary Member
Posts: 2134
Joined: Mon Oct 20, 2008 11:26 pm
Thanked: 237 times
Followed by:25 members
GMAT Score:730

Re: Profits

by logitech » Thu Jan 01, 2009 6:54 pm
vladmire wrote:I misread the question I think. what did i miss
Originally he bought the stocks for 100X and 100Y

And he sold them for 120X and 80Y = $ 96

From this you can find that 100X = 80 and 100Y =120

So 100X+100Y = 200
120X+80Y = 192

So you lost 8 bucks...
LGTCH
---------------------
"DON'T LET ANYONE STEAL YOUR DREAM!"
Top
Post new topic Post Reply
• Page 1 of 1