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In the period of a year an investor lost twice as much as he gained If he originaly had lost 10000 and now has 8000 what amount did he gain and what did he lose?
Wiki User
∙ 15y ago
Set up a system of equations. Set the loss equal to L and the gain equal to G. Then ask what you know. You know two things 1) Loss is double Gain, L=2G 2) 10000 minus the loss is 8000, 10000-L = 8000 Therefore L=2000 and G=1000
Wiki User
∙ 15y ago
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