Fundamentals
posted by Leissa .
A trader bought a stock for $20 then sold it for $30. He bought it back for $38 and then sold it again for $48. How much did he gain or lose on these transactions?
$10 gain?

First time was $10. Second time was $10. If you gain $10 two times, how much did you make?
Respond to this Question
Similar Questions

math
A farmer bought a horse for $50.00 Then he sold it for $60.00 He had second thoughts about the horse, and he bought back the horse for $70.00 And then he sold it again for $80.00 What is the financial outcome of these transactions 
chemistry
Predict how many electrons will most likely be gained or lost by each of the following elements. (a) Se Will it gain or lose electrons? 
9th grade
Celia bought 12 apples, ate two of them, and sold the rest at 20 cents more per apple than she paid. Her total profit was $1.00. How much did she sell for each apple? 
maths
a man sold an article at a profit of 25%. if he had bought it at 10% less and sold for 10RS more, the gain would have been 40%. find its cost price a.800 c.960 c.1000 d.1080 e.none 
math
Mrs smith sold 200 shares of a stock for 5,975 dollars, when the price per share went down 3 bucks she bought 100 more shares, when the price per share went back up 5 bucks she sold 50 shares . How much did Mrs smith gain or lose in … 
math
oranges are bought at 6 for rs10 and sold at 4 for rs 9. find the gain or loss per cent. 
math
A table was sold for rs.2142at a gain of 5./..at wt price should it be sold to gain 10•\• 
MATH
a man bought a piece of land for rs 15000.he sold 1/3 of the land at loss 5% and what gain % should he sell the remaining to gain 8% on the whole. 
math
a market woman bought 30 eggs for #700.if 4 eggs were broken and she sold the rest at #25 each.how much did she gain? 
Algebra
a vendor sold 100 fresh chicken eggs. eight of them were sold at a profit of 30% while the rest were sold at a loss of 40%. what is the percentage gain or loss on the whole stock?