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soco
last online: 03/19, 3:49
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Math problem!


No worries - - - just for fun!

https://www.mumsnet.com/Talk/am_i_being_unreaso.../0/

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Since writing this post soco may have helped people, but has not within the last four (4) days.
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PepperJ
last online: 04/30, 3:52
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I think he made $20

Just his expenditures....$60+$80=$140
His profits....$70+$90=$160

Profits minus expenditures is a profit of $20

Yorick
Yorick
last online: 02/28, 23:53
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(2 hours after post)
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save yourselves.. the answer is revealed

Electric
BA1
last online: 01/25, 20:20
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(3 hours after post)
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Buy for $60.
Sell for $70
..gain +$10

$70 isn't enough to rebuy the same thing at $80.
You need an ADDITIONAL $10.
(A loan of $10)

Resell at $90, you recover the $70, repay your loan of $10, and have only $10 to show for your overall efforts.

IN THE END, HOW MUCH?
(The first $10 profit doesn't count in the beginning when it becomes the investing norm of the second purchase.)

IN THE END you make $10.
I'm happy with my incorrect answer.

Yorick
Yorick
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(4 hours after post)
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90-60= 20

1581744157174 1581744149313 miss bot
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soco
last online: 03/19, 3:49
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(10 hours after post)
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90 minus 60 equals 30, not 20.

Help me with:

We have another hurricane coming this way.

Electric
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(10 hours after post)
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What's your answer for the math problem, Soco?

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soco
last online: 03/19, 3:49
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Big-Al-One wrote:
What's your answer for the math problem, Soco?

@Yorick almost has it figured out. @PepperJ got it right.

90 minus 60 equals 30, but it cost you 10 to get to the 90. 30 minus 10 equals 20 total profit.

Change the second transaction to any other animal and you'll see what I mean.

Help me with:

We have another hurricane coming this way.

Roccoflip
Rockster160
last online: <time class="timeago" datetime="1728142596" title="Oct 5, 2024 15:36">Oct 5, 2024 15:36</time>
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(15 hours after post)
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soco wrote:

Change the second transaction to any other animal and you'll see what I mean.

I got 20 as well, but I have no idea what you mean by this?

198963 1008455105016 1896 n
sophieshizuko
last online: <time class="timeago" datetime="1727892399" title="Oct 2, 2024 18:06">Oct 2, 2024 18:06</time>
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(17 hours after post)
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He's 20 up

He buys for 60 do 60 down
He sells for 70 so 10 up
He buys for 80 so is 70 down
He sells for 90 so is 20 up

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