John bought 2 shares and sold them for $96 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
Pick
A) a profit of $10	B) a profit of $8	C) a loss of $8	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 = 96*2= 
<gadget id="calculator">96*2</gadget>
<output>192</output>
$192   Total a loss of $8ost Price= 196/(0.96) = $200   Loss = 200-192= 
<gadget id="calculator">200-192</gadget>
<output>8</output>
$8   Answer: Option a loss of $8
<result>C</result>
John bought 2 shares and sold them for $96 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