GRE Problem Solving Question 100

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Source: BARRON

Last year Leo bought two paintings. This year he sold them for $2,000 each. On one, he made a 25% profit, and on the other he had a 25% loss. What was his net loss or profit?

  • A He broke even.
  • B He lost less than $100.
  • C He lost more than $100.
  • D He earned less than $100.
  • E He earned more than $100.

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