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# Bobby bought two shares of stock, which he sold for $96  post reply Question banks Downloads My Bookmarks Reviews Important topics Author Message Director Joined: 03 Sep 2006 Posts: 879 Followers: 6 Kudos [?]: 565 [0], given: 33 Bobby bought two shares of stock, which he sold for$96 [#permalink]

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17 Jun 2007, 19:55
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Bobby bought two shares of stock, which he sold for $96 each. If he had a profit of 20 percent on the sale of one of the shares but a loss of 20 percent on the sale of the other share, then on the sale of both shares combined Bobby had A) a profit of$10

B) a profit of $8 C a loss of$8