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9

Part of 2008 AMC 8

Problems(1)

AMC 8 2008 Problem 9

Source:

11/28/2010
In 20052005 Tycoon Tammy invested $100\$100 for two years. During the the first year her investment suffered a 15%15\% loss, but during the second year the remaining investment showed a 20%20\% gain. Over the two-year period, what was the change in Tammy's investment?
<spanclass=′latex−bold′>(A)</span> 5% loss<spanclass=′latex−bold′>(B)</span> 2% loss<spanclass=′latex−bold′>(C)</span> 1% gain<spanclass=′latex−bold′>(D)</span> 2% gain<spanclass=′latex−bold′>(E)</span> 5% gain<span class='latex-bold'>(A)</span>\ 5\%\text{ loss}\qquad <span class='latex-bold'>(B)</span>\ 2\%\text{ loss}\qquad <span class='latex-bold'>(C)</span>\ 1\%\text{ gain}\qquad <span class='latex-bold'>(D)</span>\ 2\% \text{ gain} \qquad <span class='latex-bold'>(E)</span>\ 5\%\text{ gain}