Posted by **Katherine :))** on Sunday, June 2, 2013 at 4:21am.

Jon bought a car for 20000 and sold it for 30% profit. Then he bought another more expensive car and sold it for 30% loss. Wat was his overall profit or loss?

I got 1st 26000 profit

Then 18200 loss

Overall? I minus them or??

- Math -
**MathMate**, Sunday, June 2, 2013 at 7:57am
Overall loss, neglecting benefit from use of the car, is

loss = $20,000 - $18,200 = $1800

It is a loss because he ended up with less money than the start.

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