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

Brolic Scholar

Licensed Text Technician
Joined
Nov 28, 2015
Messages
5,151
Reputation
4,195
Daps
41,696
Reppin
Unknown Side Effects
I've been trying to explain to him over and over. Even simplified it. Bruh had 60 dollars in his pocket. Borrows ten and has 90 dollars now.. 30 dollars-10 = 20...He's just confused by numbers.

Even links have been posted confirming the answer is 20 dollars. So it isn't just my opinion. It's the actual reality. Bruh really needs to think the whole thing through because we arrived at the right answer. He needs to review whst we've been saying for pages now.

@Brolic Scholar

1: you have [60] dollars and buy a goat. Sell it for 70 dollars. You are ten dollars. Agree or disagree?

A: Agreed. Your profit there was $10. But watch what happens to that $10.

1996-fifty-dollar-federal-reserve-notes.png

images


+

images



2: you want to buy the goat at 80 dollars. You use 70 that you have and add another 10 dollars in Capital from another source.

A: Now the $10 you earned is being spent. It’s no longer a profit. On top of that you have to find the additional $10 elsewhere.

(Original)
1996-fifty-dollar-federal-reserve-notes.png

images


(Profit)

images


+

(Loan)

images


All being SPENT. This is no longer a profit. You now have less money than you started with. You’re in the hole $10.

3: you sell goat at 90 dollars.

At this point you have 90 dollars in your pocket. Your capital was 60 dollars plus the other ten dollars. You have 20 dollars more than when you started.

A: When you sell the goat for $90, you get your original $60 back...

1996-fifty-dollar-federal-reserve-notes.png

images


...your $10 profit from the original transaction...

(Original Profit)

images


...$10 markup on new goat...

images


-

(Loan)
images


=

:ohhh::mjlol::francis::dwillhuh:

Bruh, my bad. I started drinking too early today and now that I’m sober, I gotta take my L.

My bad on that one. Damn. That one nikka can still eat a dikk though.

I guess alcohol really does impair judgement.

The fukk???
 

Numpsay

Superstar
Supporter
Joined
May 6, 2012
Messages
15,149
Reputation
2,312
Daps
39,858
Reppin
PAT 2 HTown
I'm not reading through all these pages but if you're going to assume he borrowed money the second time then you have to assume he borrowed the first time also. So in that case you still come out with $20. No matter what assumptions you make, if you apply the assumption through both transactions the answer is $20.

-$60+$70=$10-$80=-$70+$90=$20
 

Blackrogue

Superstar
Joined
Mar 19, 2015
Messages
14,055
Reputation
4,322
Daps
46,718
Reppin
Nai
Bruh, my bad. I started drinking too early today and now that I’m sober, I gotta take my L.

My bad on that one. Damn. That one nikka can still eat a dikk though.

I guess alcohol really does impair judgement.

The fukk???


:russ: glad you finally accepted the L:lolbron:
 
Joined
May 8, 2012
Messages
3,047
Reputation
790
Daps
4,064
Reppin
California
I'm not reading through all these pages but if you're going to assume he borrowed money the second time then you have to assume he borrowed the first time also. So in that case you still come out with $20. No matter what assumptions you make, if you apply the assumption through both transactions the answer is $20.

-$60+$70=$10-$80=-$70+$90=$20

He had 60
Sold it for 70 thats 10$ profit

Bought it for 80
Which is -10 profit

So hes at 0 profit
Then he sells it for 90 which is 10$ profit.
 
Top