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

[Save $ not Hoes]

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

042 edit i got this second time

 

[Payroll]

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

042.

 

[Troublesome]

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

Spoiler

042

 

[KushSkywalker]

 

[OC's finest]

You nikkas retarded...

Are u fr bruh

 

[New Username]

Colimathematicians

 

[New Username]

Overthinking ass
nikkas

$90

it says how much money did he make, not how much profit did he make

 

[Devilinurear]

Real talk is water wet?

And does a straw have 1 hole or 2?

 

[Kal El]

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!

It's not 10 - 10. That's where all you idiots get it wrong. When someone gives you money, you add 10 to your total.

It's 10 + 10. You only subtract 10 when you pay the source back.

It's 60 + 10 profit from the first transaction + 10 from whatever source he got it from. 80 total. Up 20 overall.

Then he sells it for 90. Up 30 overall, but then pays the 10 back to the source. Ends up being up +20.

 

[Art Barr]

he did not make any money and he had to run around to get an extra ten to get it back.
so whatever he actually made he gave it all back, to make nuffin.
so he actually inconvienced himself, off top.


ZERO


art barr

 

[MexicanKingpin]

20 the only answer

Now im getting he breaks even

If he bought it for 60 sold it for 70
He made 10$ but now he has to put those 10 up and borrow 10 to buy it at 80
So hes - 10
Now he sells it for 90 gaining +10
But he has to pay back 10 so that leaves him even.

 

[MarcMan]

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

Answer and explanation in spoiler

Spoiler

042

1) the fourth set of #s tells you that 7 & 8 are out
2) because 7 & 8 are out then 0 must be in one of the first to slots according to the fifth set of numbers
3) the third set of numbers tells us that 0 must be in the first spot.
4) the first set of numbers combined with the third set tell us that 6 is out and that 2 is in and in the last slot
5) the second set tells us that 4 is in and in the middle slot.

 

[ThaRealness]

20. The problem is actually kinda hard if you get arrogant about it

 

[Typical Knicks Fan]

Now im getting he breaks even

If he bought it for 60 sold it for 70
He made 10$ but now he has to put those 10 up and borrow 10 to buy it at 80
So hes - 10
Now he sells it for 90 gaining +10
But he has to pay back 10 so that leaves him even.

Swipes credit card for $60 purchase. Sells goat for $70 cash, then pays off credit card and pockets $10.

Swipes credit card again for $80 purchase. Sells goat for $90 cash, then pays off credit card and pockets another $10.

Total money in pocket is $20 with credit card paid off. You coli nikkas are slow.


Now watch people say but but but who buys a goat with a credit card.

 

[Gold]

I'm bookmarking this thread for whenever any one of you Coli Intellectuals gives out financial advice
I think ya'll are so used to being tricked that a 3rd grade math question (yes... this is a 3rd grade math) has defeated yall