A tricky Math(s) problem
Mar 30, 2022 05:45:31 #
Mar 30, 2022 07:02:06 #
He spent $140 and received $160. Where I come from that makes a profit of $20. 
Mar 30, 2022 07:24:59 #
Mar 30, 2022 07:43:06 #
Mar 30, 2022 07:53:39 #
Buys…-$60
Sells…+$10
Buys..-$70
Sells..+$20
$20 profit
Keep in mind that first buy is a negative
Sells…+$10
Buys..-$70
Sells..+$20
$20 profit
Keep in mind that first buy is a negative
Mar 30, 2022 07:53:40 #
Buys…-$60
Sells…+$10
Buys..-$70
Sells..+$20
$20 profit
Keep in mind that first buy is a negative
Sells…+$10
Buys..-$70
Sells..+$20
$20 profit
Keep in mind that first buy is a negative
Mar 30, 2022 07:58:17 #
twosummers wrote:
A man buys a goat for $60.
Then he sells it for $70.
Then he buys it back for $80
And sells it again for $90
How much profit did he make?
Mmmmm, I wonder?
No Googling or asking a nearby child....
Then he sells it for $70.
Then he buys it back for $80
And sells it again for $90
How much profit did he make?
Mmmmm, I wonder?
No Googling or asking a nearby child....
Final cost of goat (actual) $ 70.
Final sale of goat $ 90.
Mar 30, 2022 08:14:58 #
Mar 30, 2022 08:15:04 #
Mar 30, 2022 09:08:45 #
hankm1
Loc: Mount Prospect IL
The guy had $60 in his pocket before the first buy.
That's all the money he had in the world.
After the last sale he had $90 in his pocket.
Sounds like a $30 profit to me.
Of course the IRS will want to know if
it was long term or short term.
That's all the money he had in the world.
After the last sale he had $90 in his pocket.
Sounds like a $30 profit to me.
Of course the IRS will want to know if
it was long term or short term.
Mar 30, 2022 09:32:48 #
Mar 30, 2022 09:57:04 #
Mar 30, 2022 09:57:58 #
twosummers wrote:
A man buys a goat for $60.
Then he sells it for $70.
Then he buys it back for $80
And sells it again for $90
How much profit did he make?
Mmmmm, I wonder?
No Googling or asking a nearby child....
Then he sells it for $70.
Then he buys it back for $80
And sells it again for $90
How much profit did he make?
Mmmmm, I wonder?
No Googling or asking a nearby child....
$90
Mar 30, 2022 09:59:23 #
Mar 30, 2022 10:03:32 #
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