This is that whole increased by 20%---multiply by 1.20
decreased by 20%---multiply by .80
So, why didnt that matchup?
decreased by 20%---multiply by .80
So, why didnt that matchup?
- Attachments
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1 share sold at 96$ - profit of 20%
so 120/100*x = 96 => x= 80 so profit of 16 (write as +16)
2nd share sold at 96$ - loss of 20%
so 80/100*x = 96 => x=120 so loss of 24 (write as -24)
so over all profit/loss = +16-24 = -8
so loss of 8$
I hope it's clear
