Bobby bought 2 shares, and which he sold for $106 each. If he had a profit of 120% on the sale of one of the shares but a loss of 47% on the sale of the other share, then on the sale of both shares Bobby had... Choose the correct choice from the following answers:  A) a profit of 10  B) a profit of 8  C) a loss of 38  D) a loss of 10  E) neither a profit nor a loss
a loss of 38ost of the first stock: 106/2.2=48.18, so profit from it 106-48.18=57.18   a loss of 38ost of the second stock:  106/0.53= 
<gadget id="calculator"> 106/0.53</gadget>
<output>200</output>
200, so loss from it 106-200=-94   Overall loss 57.18-94=-36.82   Answer: a loss of 38.
<result>C</result>
Bobby bought 2 shares, and which he sold for $106 each. If he had a profit of 120% on the sale of one of the shares but a loss of 47% on the sale of the other share, then on the sale of both shares Bobby had...