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

Man

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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

:russ::snoop: Your brain maybe a little bit chips out between your Fact 6 and fact 7

If he sells at 90 (Fact 7) from having -10 that means he now has 80. If he started off with 60 that means he made 20 more than he started with

It’s about what you have at an end versus an start of the scenario to see overall what you’ve made or lost smh
 

GetInTheTruck

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actually I just reassessed the problem and I can see where people are fukking up, including me.

Just look at at it as two separate transactions with two separate customers instead of the same party.

The answer is 20 bucks.
 

chineebai

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How about this
If one transaction then it's 10
If two transaction separately then it's 20
 

HabitualChiller

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everybody here is actually right. @Brolic Scholar you are absolutely right with the 0 profit and everybody else is also right by saying 20 profit but you are all looking at the problem from a different angle. The gimick here is that they don't tell you how much money he has in his pocket to start with and that makes all the difference. If he had alot of money to play with then yes he absolutely made the $20 and you can think of it like a bank with infinte money flipping profits. But they don't actually tell you the full context here so you could also reasonably assume that he started with just the $60 in which case we also have to assume he took a $10 hit on the second trade which in the end resulted in a break even


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:stopitslime:
Except the question is "how much money did he MAKE":skip:
 

Brolic Scholar

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:russ::snoop: Your brain maybe a little bit chips out between your Fact 6 and fact 7

If he sells at 90 (Fact 7) from having -10 that means he now has 80. If he started off with 60 that means he made 20 more than he started with

It’s about what you have at an end versus an start of the scenario to see overall what you’ve made or lost smh

I was drunk typing all of that. I stated that I was drinking earlier in the thread. Sobered up and it clicked.
 
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OC's finest

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:mjlol: at the responses in here

30, 0 ????

:mjlol:

i'll think of this thread anytime i argue again with someone on the internet, and realize who i'm dealin with most of the time
 
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