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

[Sccit]

Paid 60
Sold 70= $10 profit

Then he paid 80.......20 more then what he paid originally, so he profit is - $10 dollars now .....paying 10 more then what he started with and giving up the extra 10 he pocketed from the sell

Turns around and sells for 90.....gains 10 back......he actually broke even.....he gained nothing.

I DONT KNOW IF SOME OF YALL ARE TROLLIN HERE LMFAO


LETS SAY I HAVE 150 BUX.....

I BUY A GOAT FOR 60 BUX, LEAVIN ME WITH 90...

I SELL THE GOAT FOR 70, SO I NOW HAVE 160...

I BUY THE GOAT BACK FOR 80, SO I NOW HAVE 80...

I SELL THE GOAT FOR 90.....SO HOW MUCH DO I HAVE NOW?

170.....20 BUX MORE THAN I STARTED WITH.


THE CONFIDENCE SOME OF THESE IDIOTS HAVE BEHIND THEIR "MATH" IS ASTONISHING ROFL.

 

[High quality poster]

Dumb nikka.

fukk he bought the goat again for if he just sold it. nikka got a goat fetish.

 

[Blackrogue]

How does he now have “$20 more than where he started” when he’s spending it? That’s money out. That’s not a profit.

He started with 60 dollars in his pocket. Borrowed 10 dollars and now has 90 dollars in his pocket. He pays back what he borrowed and he will now have 80 dollars in his pocket. 20 higher than where he started from.

 

[Sccit]

How can you make money when your reup cost more than you made on the first sale?

These old Donald Duck ass nikkas with their horrible math.

SMFH

 

[At30wecashout]

What people aren't seeming to take into account...we don't know how much money he had before he made the purchase. All it says is he paid $60 for the goat.

All these negatives and whatnot are NOT RELEVANT!!!!! He isn't buying this off credit

 

[L&HH]

Flying in to fukk this shizzit up.. Talking about goats.





Answer: yes or no?

This is the famous Monty Hall delirium everyone should learn in high school. Yes you're odds are better when you switch doors. The simple reason is because there's three different scenarios?

Scenario1: You originally picked the car. You switched the door and got a goat

Scenario 2: you originally picked Goat 1, switched doors and choose the car.

Scenario 3: You originally picked Goat 2, switched doors and choose the car.

If you switch doors you have a 66.6666...% of picking the car. If you don't switch doors you're only left with the original 33.333...% chance.

 

[At30wecashout]

Perfect tag for this thread:mjpalm:

@iSeeBrokePeople

I see dem

 

[L&HH]

What people aren't seeming to take into account...we don't know how much money he had before he made the purchase. All it says is he paid $60 for the goat.

All these negatives and whatnot are NOT RELEVANT!!!!! He isn't buying this off credit

Where is the extra 10 to buy the 2nd goat. 60 + 10(profit) does not equal 80 for the 2nd goat.

The confusion for most on this, is whether that extra 10 is part of his bankroll or its a "loan"

In the end of the day, there is no clear right answer and these kind of "math questions" are designed with gimicks to give possibility for different answers for the purpose of making everyone comment in social medias

It actually does not matter how much money he started with.

He doesn't even have to have any money and still have made $20 profit. All he'd have to do is play the mediator between transactions. Go to guy with goat and say I know a man who will give you $60 for it. The man sells cool. Takes goat to other person and tells them the goat is $70 so that person gives him $70 and he takes $60 back to the original goat owner. Now he's up $10. Then he goes back to the second guy he sold the goat to and says I know someone who will pay you $80 for it. That guy says cool. He takes the goat to someone else and sells it to them for $90. Brings back the other guy his $80. Now he's left with $10 profit from the first transaction and $10 profit on the second. Total of $20.

The numbers work out all the same if he borrowed the money interest free and if he had all the money originally to start with.

 

[Brolic Scholar]

He started with 60 dollars in his pocket. Borrowed 10 dollars and now has 90 dollars in his pocket. He pays back what he borrowed and he will now have 80 dollars in his pocket. 20 higher than where he started from.

And the second goat cost him $80. So he spent $80 for the goat and now has $80 which puts him at nothing gained. No matter how you slice it, if I put out $80 to make a profit and I end up with $80, why did I waste my time?

We’re not going to agree, so I’m done. It is what it is.

 

[At30wecashout]

It actually does not matter how much money he started with.

He doesn't even have to have any money and still have made $20 profit. All he'd have to do is play the mediator between transactions. Go to guy with goat and say I know a man who will give you $60 for it. The man sells cool. Takes goat to other person and tells them the goat is $70 so that person gives him $70 and he takes $60 back to the original goat owner. Now he's up $10. Then he goes back to the second guy he sold the goat to and says I know someone who will pay you $80 for it. That guy says cool. He takes the goat to someone else and sells it to them for $90. Brings back the other guy his $80. Now he's left with $10 profit from the first transaction and $10 profit on the second. Total of $20.

The numbers work out all the same if he borrowed the money interest free and if he had all the money originally to start with.

We were saying the same thing. No need to tell me. I was just stating for the brehs wondering where the other $10 came from, its irrelevant.

It states he paid $60 for a goat, not that all he had was $60. Figuring payday loans into the equation is how dudes are coming up with 10 or 0, and the shyt

is hilarious

 

[[REDACTED]]

$90 cause that's what he ended up with

The question doesn't even ask for profit, just what he ended with which was $90 at the end.

 

[Mordith]

@ nigguhs trying to defend their wrong answers to the death....The correct answer is $20 no matter how you try to spin it...

 

[Rice N Beans]

There's a handful of ways to look at this. If you compare his start of $60 to the end result of $90, there's $30 extra from his initial buying amount.

If you group each buy/sell as it's own transaction then he ends up $10 richer at the end of each, making up to $20.

There's also the case of the missing $10 for that goal if we're using timelined money. Hence why not enough info.

I'm talking about EXTRA money. Money generated from selling is $160, but it doesn't take into account the buying.

I'd file it under not enough info.

 

[Donald J Trump]

And the second goat cost him $80. So he spent $80 for the goat and now has $80 which puts him at nothing gained. No matter how you slice it, if I put out $80 to make a profit and I end up with $80, why did I waste my time?

We’re not going to agree, so I’m done. It is what it is.

Breh there were links posted telling you the answer is $20,change your username

 

[The Prince of All Saiyans]

20.