John bought 2 shares and sold them for $78 each. If he had a profit of 20% on the sale of one of the shares but a loss of 20% on the sale of the other share, then on the sale of both shares John had Choose the correct choice from the following options:  A) a profit of $10  B) a profit of $6.5  C) a loss of $6.5  D) a loss of $10  E) neither a profit nor a loss
Loss% = (%age Profit or loss / 10)^2 = (20/10)^2 = 4% loss   Total Selling Price = 78*2= 
<gadget id="calculator">78*2</gadget>
<output>156</output>
$156   Total a loss of $6.5ost Price= 156/(0.96)= 
<gadget id="calculator">156/(0.96)</gadget>
<output>162.5</output>
$162.5   Loss= 162.5 - 156= 
<gadget id="calculator">162.5 - 156</gadget>
<output>6.5</output>
$6.5   Answer: Option a loss of $6.5
<result>C</result>
John bought 2 shares and sold them for $78 each. If he had a profit of 20% on the sale of one of the shares but a loss of 20% on the sale of the other share, then on the sale of both shares John had