Bobby bought 2 shares, and which he sold 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 Bobby had...  Choose the correct choice from the following options
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
a loss of 8ost of the first stock: 96/1.2= 
<gadget id="calculator">96/1.2</gadget>
<output>80</output>
80, so profit from it  96-80= 
<gadget id="calculator"> 96-80</gadget>
<output>16</output>
16   a loss of 8ost of the second stock:  96/0.8= 
<gadget id="calculator"> 96/0.8</gadget>
<output>120</output>
120, so loss from it 96-120=-24   Overall loss 16-24=-8   Answer: a loss of 8.
<result>C</result>
Bobby bought 2 shares, and which he sold 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 Bobby had...