Ms. Adams sold two properties, X and Y, for $30,000 each. She sold property X for 20 percent more than she paid for it and sold property Y for 20 percent less than she paid for it. If expenses are disregarded, what was her total net gain or loss, if any, on the two properties?
A) Loss of $1,250
B) Loss of $2,500
C) Gain of $1,250
D) Gain of $2,500
E) There was neither a net gain nor a net loss.
What is the quickest way to do this question?
A) Loss of $1,250
B) Loss of $2,500
C) Gain of $1,250
D) Gain of $2,500
E) There was neither a net gain nor a net loss.
What is the quickest way to do this question?
