A used car dealer sold one car at a profit of 25 percent of the dealers purchase 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 , what was the dealers total profit or loss, in dollars, for the two transactions combined?	Answers:
A) 1000 profit  B) 2000 profit  C) 1000 loss  D) 2000 loss  E) 3334 loss
car 1 :   P1*1.25 = 20000   P1 = 16000   car2   P2*0.8 = 20000   P2 = 25000   P1+P2 = 41000   Final sale = 40000   1000 loss .. option 1000 loss
<result>C</result>
A used car dealer sold one car at a profit of 25 percent of the dealers purchase 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 , what was the dealers total profit or loss, in dollars, for the two transactions combined?