Ms. Samantha sold two properties, X and Y, for $45,500 each. She sold property X for 30 % more than she paid for it and sold property Y for 30% 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 choice from the following answers: A) $9500 B) $9000 C) $9600 D) $9700 E) $9800
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% = (30/10)^2 = 9%   which means he recovered only 91% of his investment which amount to a total revenue = 45500 + 45500= 
<gadget id="calculator">45500 + 45500</gadget>
<output>91_000</output>
91000   i.e. 91% of cost= 91000   therefore, 9% of cost (Loss) = $9000   Answer: $9000
<result>B</result>
Ms. Samantha sold two properties, X and Y, for $45,500 each. She sold property X for 30 % more than she paid for it and sold property Y for 30% less than she paid for it. If expenses are disregarded , what was her total net gain or loss, if any, on the two properties ?