# Fundamentals

posted by .

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?

• Fundamentals -

First time was \$10. Second time was \$10. If you gain \$10 two times, how much did you make?

## Similar Questions

1. ### 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
2. ### 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?
3. ### 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?
4. ### 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
5. ### 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 …
6. ### math

oranges are bought at 6 for rs10 and sold at 4 for rs 9. find the gain or loss per cent.
7. ### math

A table was sold for rs.2142at a gain of 5./..at wt price should it be sold to gain 10•\•
8. ### 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.
9. ### 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?
10. ### 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?

More Similar Questions