A man buys a goat for $60, sells it for $70....

[MewTwo]

If $20 is not the answer then what is? And how did you arrive at it?

 

[Devilinurear]

To sell it twice.

The only answer I'll accept other than he made $20 is that he lost $10 by not selling the goat to the second buyer the first time around.

I think the goat was a mule so they bought it back. Took the drugs out then sold it back to another dealer to start it over again. We all stuck on the math and we are missing the real shyt that is going down.

 

[Rick Roller 10]

Please explain to me how if your reup is $80 and you only have $70, you’re making money.

U making it too complicated. You can only use the facts given to find the answer

 

[Ineedmoney504]

He gives the $10 back, which we can apparently assume he borrowed but we can't assume he had more money. So out of the $90 in his pocket he pays the $10 loan back. He now has $80 in his pocket. He started with $60. He made $20 profit.

Nah u right. 90(his ending) - 70(what he spent) = 20

 

[Brolic Scholar]

U making it too complicated. You can only use the facts given to find the answer

Fact 1: Startup is $60
Fact 2: Profit from sale one is $10
Fact 3: Total $ is $70 after
Fact 4: Second purchase is $80
Fact 5: He only has $70
Fact 6: To purchase you’re -$10
Fact 7: Sells at 90
Fact 8: He bought at $80 and sold at $90
Fact 9: He made $10
Fact 10: He was negative $10
Fact 11: 10 + -10 = 0

 

[Ineedmoney504]

Fact 1: Startup is $60
Fact 2: Profit from sale one is $10
Fact 3: Total $ is $70 after
Fact 4: Second purchase is $80
Fact 5: He only has $70
Fact 6: To purchase you’re -$10
Fact 7: Sells at 90
Fact 8: He bought at $80 and sold at $90
Fact 9: He made $10
Fact 10: He was negative $10
Fact 11: 10 + -10 = 0

And this is true also lol

 

[null]

Fact 1: Startup is $60
Fact 2: Profit from sale one is $10
Fact 3: Total $ is $70 after
Fact 4: Second purchase is $80
Fact 5: He only has $70
Fact 6: To purchase you’re -$10
Fact 7: Sells at 90
Fact 8: He bought at $80 and sold at $90
Fact 9: He was negative $10
Fact 10: 10 + -10 = 0

You sell me two items for total $50 and then buy them back at $70.
I buy two items from you for total $50 and then sell them to you for $70.

 

[Brolic Scholar]

You sell me two items for total $50 and then buy them back at $70.
I buy two items from you for total $50 and then sell them to you for $70.

What? Let’s deal with the numbers given.

 

[MJ Truth]

It's $10 y'all

 

[Black Bolt]

Fact 1: Startup is $60
Fact 2: Profit from sale one is $10
Fact 3: Total $ is $70 after
Fact 4: Second purchase is $80
Fact 5: He only has $70
Fact 6: To purchase you’re -$10
Fact 7: Sells at 90
Fact 8: He bought at $80 and sold at $90
Fact 9: He made $10
Fact 10: He was negative $10
Fact 11: 10 + -10 = 0

You're complicating things,

Purchases 140
Sales 160

Net 20

 

[Brolic Scholar]

You're complicating things,

Purchases 140
Sales 160

Net 20

I’m not. Do business expenses not factor into profits? The second purchase incurred an expense.

 

[Splakavellie504]

No wonder we don’t own shyt

I was just shaking my damn head as I read the replies

 

[Black Bolt]

I’m not. Do business expenses not factor into profits? The second purchase incurred an expense.

The profit is 20.

Sales (160) - Cost of Sales (140)

There are no other variables to consider

 

[Lifer11]

Fact 1: Startup is $60
Fact 2: Profit from sale one is $10
Fact 3: Total $ is $70 after
Fact 4: Second purchase is $80
Fact 5: He only has $70
Fact 6: To purchase you’re -$10
Fact 7: Sells at 90
Fact 8: He bought at $80 and sold at $90
Fact 9: He made $10
Fact 10: He was negative $10
Fact 11: 10 + -10 = 0

He was negative $10, he sold the goat for $90 leaving him plus $80, he started with $60. He made $20.

 

[Brolic Scholar]

He was negative $10, he sold the goat for $90 leaving him plus $80, he started with $60. He made $20.

He bought the one he sold for $90 for $80. So he “made” $10 and was still negative $10.