MathDB
AMC 8 2008 Problem 9

Source:

November 28, 2010

Problem Statement

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=latexbold>(A)</span> 5% loss<spanclass=latexbold>(B)</span> 2% loss<spanclass=latexbold>(C)</span> 1% gain<spanclass=latexbold>(D)</span> 2% gain<spanclass=latexbold>(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}