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

[HabitualChiller]

this is incorrect on so many levels

the answer can only be 20

You nikkas retarded...

 

[Typical Knicks Fan]

This thread is too long for me to think people are being trolled or we have some dumb motherfukkers on the coli. Either way this thread is comedy. It's the 6ix9ine thread all over again.

 

[MexicanKingpin]

Please change your name sir. Your math does not fit the moniker of kingpin.

what answer did you get ?

 

[Troublesome]

Nah no fail here bro. Ya'll geniuses plus the idiots writing the articles don't understand math nor business. I am 100% right.

The stupid thing yall are saying is these are two separate transactions. But in every answer posted that says the profit was $20 at the end, is adding the profit from the first deal.

But then not adding the expense of buying the goat back. There is no business that equates their profit with only the cash back after a collection of transactions.

You have to ALSO account for the expense. Ya'll geniuses are not doing that.

Let me break it down like others have done, but this time this is 100% correct.

1- Buy the goat for $60 and sells it for $70 = $10 profit

2- Buy the SAME goat for $80, but how the F*ck did he get the $80 when he only had $70 from the 1st transaction?
He clearly needed to add $10 to his $70 to get the $80 dollars to buy back the goat. The $10 profit from the 1st transaction is NOW GONE! because he put $10 more dollars into his business in order to buy the goat the second time!
$10 profit + $10 business expense = BREAK EVEN!
**This is how business works.**

3- Dude is now even. With a used GOAT in his hands.

4- Dude sells the Goat for $90 and now is back at $10 profit.

This is how BUSINESS works. You don't look at each transaction separately and then just add the profit from each, YOU ALSO HAVE TO TAKE IN ACCOUNT THE EXPENSE.

Anyone says I'm wrong don't understand simple math or simple economics!

This is where you're going wrong. The additional $10 isn't subtracted from his total. Its added.

-He starts out with $60, sales goat, now has $70

-With that $70, he borrows(adds) another $10 and now he has a total of $80

-He uses that $80, buys goat, sales it for $90 now he has a total of $90.

- Pays back the $10 loan which means he's left with $80

Started with $60, ends with $80 = $20 profit

 

[CarltonJunior]

He gained 10, spent 10, and gained 10 again. Take it how you will.

 

[Save $ not Hoes]

what answer did you get ?

20 the only answer

 

[Grizzly]

Remembering these names so I know who not to waste time arguing with in the future

 

[KushSkywalker]

Nah no fail here bro. Ya'll geniuses plus the idiots writing the articles don't understand math nor business. I am 100% right.

The stupid thing yall are saying is these are two separate transactions. But in every answer posted that says the profit was $20 at the end, is adding the profit from the first deal.

But then not adding the expense of buying the goat back. There is no business that equates their profit with only the cash back after a collection of transactions.

You have to ALSO account for the expense. Ya'll geniuses are not doing that.

Let me break it down like others have done, but this time this is 100% correct.

1- Buy the goat for $60 and sells it for $70 = $10 profit

2- Buy the SAME goat for $80, but how the F*ck did he get the $80 when he only had $70 from the 1st transaction?
He clearly needed to add $10 to his $70 to get the $80 dollars to buy back the goat. The $10 profit from the 1st transaction is NOW GONE! because he put $10 more dollars into his business in order to buy the goat the second time!
$10 profit + $10 business expense = BREAK EVEN!
**This is how business works.**

3- Dude is now even. With a used GOAT in his hands.

4- Dude sells the Goat for $90 and now is back at $10 profit.

This is how BUSINESS works. You don't look at each transaction separately and then just add the profit from each, YOU ALSO HAVE TO TAKE IN ACCOUNT THE EXPENSE.

Anyone says I'm wrong don't understand simple math or simple economics!

I'm not chastising you cause my initial instinct led me down this same process.

I made a quick video with my kids legos and my iphone though and I can prove to you the answer is 20.

Just watch it's less than 3 minutes.

 

[BruhManFromTheFifthFlo]

-60+70-80+90

 

[BruhManFromTheFifthFlo]

I'm not chastising you cause my initial instinct led me down this same process.

I made a quick video with my kids legos and my iphone though and I can prove to you the answer is 20.

Just watch it's less than 3 minutes.

Yeah I think the part that’s confusing people is working with negative numbers

 

[Pimp]

Breh who the f*ck said he HAD more than $60 dollars? Thats not in the question.

I'm only taking the question at face f*cking value. I'm not assuming the dude had more or less than what the question specifically says.

It doesn't even matter if he had more than $60. After he spent the $60, and made it back plus $10. Ya'll fools are not accounting that he also needed ANOTHER $10 to buy the goat back at $80.

Like I said yall are ONLY accounting for the money resulting from each transaction. You're completely forgetting the expense the man had to take on (to buy BACK the goat) which cut into his profit after the second transaction.

You're really stupid. If he didn't have $80 He couldn't buy the goat the dumb fukk..

 

[Grizzly]

Lemme make this shyt another 10 pages. Ya'll solve this one.

 

[Payroll]

20.

 

[Save $ not Hoes]

Real talk is water wet?

And does a straw have 1 hole or 2?

 

[KushSkywalker]

Lemme make this shyt another 10 pages. Ya'll solve this one.

Edit: Initially got 062 off how I read part of it, but then got 042, it depends on one small interpretation though.