A man purchased a used car for $4000. He decided to sell the

Last updated: 7/12/2022

A man purchased a used car for $4000. He decided to sell the car for 30% above his purchase price. He could not sell the car so he reduced his asking price by 30%. If he sells the car at the reduced price, will he have a profit or a loss or will he break even? Select the correct choice below and fill in any answer box to complete your answer. OA. The man will have a loss of $ B. The man will have a profit of $ OC. The man will break even.