Can you get the solution? Let’s see how fast you are
Do you have an idea already? Really take a closer look to make sure, your theory is right.
A man buys a horse for $50. He then sells it for $60. The next day, he buys the horse back for $70. Only to sell it again for $80. So, did the man end up making or losing money? Or did he break even?
So, how sharp is your brain? Let’s find the solution together
Let’s talk about the solution.
The man buys a horse for $50 so he is in a deficit of 50 Dollar in the beginning.
Now he sells the horse for $60. -50$ + $60 = A profit of $10
The next day he buys the horse again for $70. Which means his profit of 10 Dollar will be reduced by 70 Dollar. So he has a debt of 60 Dollar.
In the end, he sells the horse for $80. -60$ + 80$ = ?
Did you get it? Awesome! Continue to check your solution below.
SOLUTION
The solution is: The man man profited $20. He made a profit of 10 Dollar every time he sold the horse.
Did you get it? Well done! You can be proud of yourself! Challenge your friends as well and pass the quiz along to them to see if they can solve it as fast as you can! Let’s spread some fun today.
