Ms. Adams sold two properties, X and Y, for $30,000 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 ?
Choose the correct option:
A) Loss of $1,250 B) Loss of $2,500 C) Gain of $1,250 D) Gain of $2,500 E) Neither a net gain nor a net loss
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 = 30000 + 30000= 
<gadget id="calculator">30000 + 30000</gadget>
<output>60_000</output>
60000   i.e. 96% of cost= 60000   therefore, 4% of cost (Loss) = $2500   Answer: Option Loss of $2,500
<result>B</result>
Ms. Adams sold two properties, X and Y, for $30,000 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 ?