Ad used car dealer sold one car at a profit of 25 percent of the dealer’s price for that car and sold another car at a loss of 20 percent of the dealers purchase price for that car. If the dealer sold each car for $20,000, was the dealer’s total profit or loss in dollars for the two transitions combined?
$1,000 loss
I got this problem correct however it was more luck.
$1,000 loss
I got this problem correct however it was more luck.
