Mr. tennyson, who is in the antique car business, sold two rare collectors’ cars for $60,000 each. he sold car a for 25 percent more than what he originally paid, but he took a loss on car b by selling it for 25 percent less than what he originally paid. ignoring any business expenses, what was mr. tennyson’s total net gain or loss, if any, on the sale of the two cars? a) loss of $2,500
b) loss of $8,000
c) gain of $2,500
d) gain of $8,000
e) there was neither a net gain nor a net loss.