Mind Over Thirst
Pro
/thread
A man buys a goat for $60, sells it for $70....
- Thread starter RoidJonesJr
- Start date
This is a third grade question
with all this effort
Where did he get his reup money if he has $70 and the goat cost $80?
WHERE DID HE GET THE INITIAL $60?
Brolic Scholar
Licensed Text Technician
His pocket. That’s the investment we’re discussing. Not any other money he might have. Just the $60 he started with.
Nah, look at it this way.
Say he started with $100 in his pocket, he buys the goat for $60, now he has $40 and the goat. He sells the goat for $70, he now has $110. He buys another goat for $80, now he has $30 and the goat. He sells the goat for $90, now he has $120. He started with $100, now he has $120. He made $20.
All Women Are Queens
Superstar
20 ameros
Brolic Scholar
Licensed Text Technician
I’m only dealing with the numbers in the question. Where did $100 come from?
Reno89
All Star
He buys a goat for 60 -60
then he sells it for 70 -60+ 70 = 10
Then he buys it back for 80 10-80=-70
Then sells it for 90 +90
-70+90 = 20
then he sells it for 70 -60+ 70 = 10
Then he buys it back for 80 10-80=-70
Then sells it for 90 +90
-70+90 = 20
Brolic Scholar
Licensed Text Technician
Time to groom my luxurious goatee and finish this drink.
nikkas talking about 10 making up shyt lmao. Even if he had no cash the shyt is 20 dollars. Just do the math my god.
It doesn't matter. Even doing it your way, he started with $60, ends up with $80. Say he has $60 buys the goat, sells it for $70. Now he wants to buy the goat again for $80, he gets the extra $10 from somewhere else so he has the $80, he sells the goat for $90, pays back the $10 and has $80 in his pocket. He started with $60 and now has $80. He made $20.