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2008 AMC 8 Question 9

AMC8 · 2008 AMC 8

Question 9

In $2005$ Tycoon Tammy invested $\$100$ for two years. During the first year her investment suffered a $15\%$ loss, but during the second year the remaining investment showed a $20\%$ gain. Over the two-year period, what was the change in Tammy’s investment?
  1. $5\%$ loss
  2. $2\%$ loss
  3. $1\%$ gain
  4. $2\%$ gain
  5. $5\%$ gain