Math Riddle
- Bush4Ever.
- All-Time Great
- Posts: 14989
- Joined: Tue Aug 20, 2019 8:37 pm
Math Riddle
This came into my feed. Apparently it has caused many autisms over the internet (last year?):
I Bought A Cow For $800. I sold it for $1000. I bought it again for $1100. I sold it again for $1300 Dollars.
How Much Did I Earn?
I Bought A Cow For $800. I sold it for $1000. I bought it again for $1100. I sold it again for $1300 Dollars.
How Much Did I Earn?
- Robceltsfan
- Pick 'Em League Champion
- Posts: 53154
- Joined: Sun Jan 19, 2014 8:42 am
- Location: Hampton Roads, VA
Re: Math Riddle
Final sale price - total money invested = answer
$1,300 - (800 + 100) = $400
$1,300 - (800 + 100) = $400
Think of how stupid the average person is, and realize half of them are dumber than that.
~George Carlin~
~George Carlin~
-
- Mount Rushmore
- Posts: 32903
- Joined: Tue Jan 21, 2014 10:53 am
Re: Math Riddle
1000- 800 =200 profit. take the original capital of 800 +200 + own savings of 100 to buy the cow again =$1,1000. You are now out $100 as your new investment over and above your capital of 1000 which is made up of your original 800 capital and 200 profit. you sell the cow for 1300. Initial profit seems to be $200 but since you reached into your savings to poney up an extra $100. your profit is really $100.
you made $100 on the transaction. you should have stopped after you sold the cow for $1000
you made $100 on the transaction. you should have stopped after you sold the cow for $1000
Check the method from Bedrock, 'cause I rock your head to bed
- Robceltsfan
- Pick 'Em League Champion
- Posts: 53154
- Joined: Sun Jan 19, 2014 8:42 am
- Location: Hampton Roads, VA
Re: Math Riddle
No.AtiliusRegulus wrote: ↑Mon Jan 13, 2025 4:50 pm 1000- 800 =200 profit. take the original capital of 800 +200 + own savings of 100 to buy the cow again =$1,1000. You are now out $100 as your new investment over and above your capital of 1000 which is made up of your original 800 capital and 200 profit. you sell the cow for 1300. Initial profit seems to be $200 but since you reached into your savings to poney up an extra $100. your profit is really $100.
you made $100 on the transaction. you should have stopped after you sold the cow for $1000
Think of how stupid the average person is, and realize half of them are dumber than that.
~George Carlin~
~George Carlin~
-
- Mount Rushmore
- Posts: 32903
- Joined: Tue Jan 21, 2014 10:53 am
Re: Math Riddle
It’s not a math question but an accounting question. The money used to repurchase the cow is recycled money from the initial transaction plus an extra $100 of equity.Robceltsfan wrote: ↑Mon Jan 13, 2025 4:53 pmNo.AtiliusRegulus wrote: ↑Mon Jan 13, 2025 4:50 pm 1000- 800 =200 profit. take the original capital of 800 +200 + own savings of 100 to buy the cow again =$1,1000. You are now out $100 as your new investment over and above your capital of 1000 which is made up of your original 800 capital and 200 profit. you sell the cow for 1300. Initial profit seems to be $200 but since you reached into your savings to poney up an extra $100. your profit is really $100.
you made $100 on the transaction. you should have stopped after you sold the cow for $1000
Check the method from Bedrock, 'cause I rock your head to bed
- PhutureDynasty
- Mount Rushmore
- Posts: 32656
- Joined: Sat Jan 18, 2014 10:14 pm
Re: Math Riddle
I know the answer but would rather not say.
Rob is definitely wrong though, that's all I will divulge.
Rob is definitely wrong though, that's all I will divulge.
- Robceltsfan
- Pick 'Em League Champion
- Posts: 53154
- Joined: Sun Jan 19, 2014 8:42 am
- Location: Hampton Roads, VA
Re: Math Riddle
Accounting is math.AtiliusRegulus wrote: ↑Mon Jan 13, 2025 4:55 pmIt’s not a math question but an accounting question. The money used to repurchase the cow is recycled money from the initial transaction plus an extra $100 of equity.Robceltsfan wrote: ↑Mon Jan 13, 2025 4:53 pmNo.AtiliusRegulus wrote: ↑Mon Jan 13, 2025 4:50 pm 1000- 800 =200 profit. take the original capital of 800 +200 + own savings of 100 to buy the cow again =$1,1000. You are now out $100 as your new investment over and above your capital of 1000 which is made up of your original 800 capital and 200 profit. you sell the cow for 1300. Initial profit seems to be $200 but since you reached into your savings to poney up an extra $100. your profit is really $100.
you made $100 on the transaction. you should have stopped after you sold the cow for $1000
The investor has brought $900 of their own money to the table while making a final sale of $1,300. They earned $400.
Think of how stupid the average person is, and realize half of them are dumber than that.
~George Carlin~
~George Carlin~
-
- Mount Rushmore
- Posts: 32903
- Joined: Tue Jan 21, 2014 10:53 am
Re: Math Riddle
Rob sincerely believes he has $400 in his pocket. This is the genius that grizzfag lauds over me as an insightful person who would do good in picket stocksPhutureDynasty wrote: ↑Mon Jan 13, 2025 4:57 pm I know the answer but would rather not say.
Rob is definitely wrong though, that's all I will divulge.
Check the method from Bedrock, 'cause I rock your head to bed
- Robceltsfan
- Pick 'Em League Champion
- Posts: 53154
- Joined: Sun Jan 19, 2014 8:42 am
- Location: Hampton Roads, VA
Re: Math Riddle
Atilly, I'd be happy to sell you cows any day!
Think of how stupid the average person is, and realize half of them are dumber than that.
~George Carlin~
~George Carlin~
-
- Mount Rushmore
- Posts: 32903
- Joined: Tue Jan 21, 2014 10:53 am
Re: Math Riddle
You need more Jewish friends
Check the method from Bedrock, 'cause I rock your head to bed
- Robceltsfan
- Pick 'Em League Champion
- Posts: 53154
- Joined: Sun Jan 19, 2014 8:42 am
- Location: Hampton Roads, VA
Re: Math Riddle
You already admitted you suck at science....apparently you suck at math, too!
Think of how stupid the average person is, and realize half of them are dumber than that.
~George Carlin~
~George Carlin~
- Bush4Ever.
- All-Time Great
- Posts: 14989
- Joined: Tue Aug 20, 2019 8:37 pm
Re: Math Riddle
Some of you need to read the question more carefully.
Re: Math Riddle
Two transactions of $200 profit = $400
People spaz out too much about the fact that the same cow was bought. If I bought a cow for 800 and sold for 1000 I made 200. If I then bought a horse for 1100 and sold it for 1300 I also made 200. The first transaction has noting to do with the second.
People spaz out too much about the fact that the same cow was bought. If I bought a cow for 800 and sold for 1000 I made 200. If I then bought a horse for 1100 and sold it for 1300 I also made 200. The first transaction has noting to do with the second.
-
- Mount Rushmore
- Posts: 32903
- Joined: Tue Jan 21, 2014 10:53 am
Re: Math Riddle
The only new money created is the extra $100 to make up the purchase price of the second transaction $1,100.00.Titan18 wrote: ↑Mon Jan 13, 2025 5:09 pm Two transactions of $200 profit = $400
People spaz out too much about the fact that the same cow was bought. If I bought a cow for 800 and sold for 1000 I made 200. If I then bought a horse for 1100 and sold it for 1300 I also made 200. The first transaction has noting to do with the second.
Check the method from Bedrock, 'cause I rock your head to bed
-
- Mount Rushmore
- Posts: 32903
- Joined: Tue Jan 21, 2014 10:53 am
Re: Math Riddle
you hang out with snoop oftenTitan18 wrote: ↑Mon Jan 13, 2025 5:09 pm Two transactions of $200 profit = $400
People spaz out too much about the fact that the same cow was bought. If I bought a cow for 800 and sold for 1000 I made 200. If I then bought a horse for 1100 and sold it for 1300 I also made 200. The first transaction has noting to do with the second.
Check the method from Bedrock, 'cause I rock your head to bed
- Robceltsfan
- Pick 'Em League Champion
- Posts: 53154
- Joined: Sun Jan 19, 2014 8:42 am
- Location: Hampton Roads, VA
Re: Math Riddle
I'm ready to sell some cows.
Who's buying?
Who's buying?
Think of how stupid the average person is, and realize half of them are dumber than that.
~George Carlin~
~George Carlin~
-
- Mount Rushmore
- Posts: 32903
- Joined: Tue Jan 21, 2014 10:53 am
Re: Math Riddle
As long as they are not homosexuals democrat voting cows
Check the method from Bedrock, 'cause I rock your head to bed