Ms. Williams sold two properties, X and Y, for $20,000 each. She sold property X for 20 % more than she paid for it and sold property Y for 20% less than she paid for it. If expenses are disregarded , what was her total net gain or loss, if any, on the two properties ?	Pick
A) $1600.67  B) $1500.67  C) $1450.67  D) $1706.67  E) $1666.67
There is a property to solve such questions withCommon Selling PriceandCommon %gain and loss. such cases always result in a loss and...   Total %Loss = (Common Gain% or Loss%/10)^2   Hence Here Loss% = (20/10)^2 = 4%   which means he recovered only 96% of his investment which amount to a total revenue = 20000 + 20000= 
<gadget id="calculator">20000 + 20000</gadget>
<output>40_000</output>
40000   i.e. 96% of cost= 40000   therefore, 4% of cost (Loss) = $1666.67   Answer: $1666.67
<result>E</result>
Ms. Williams sold two properties, X and Y, for $20,000 each. She sold property X for 20 % more than she paid for it and sold property Y for 20% less than she paid for it. If expenses are disregarded , what was her total net gain or loss, if any, on the two properties ?