Thursday, September 19, 2024
HomePuzzleHow Much Profit Did the Man Make? It's a Simple Answer, But...

How Much Profit Did the Man Make? It’s a Simple Answer, But Most Get It Wrong!

This tricky riddle is making waves online! A man buys a horse for $60, sells it for $70, buys it back for $80, and sells it again for $90. How much money did he make or lose? Sounds simple, but it’s stumping many. Dive into this puzzle, follow each step, and see if you can figure out the right answer. Read on for a step-by-step breakdown and share your answer in the comments!

RIDDLE: Try To Solve This Impossible Problem

Here’s a riddle that’s bound to make you stop and think: A man buys a horse for $60, sells it for $70, buys it back for $80, and sells it again for $90. How much money did he make or lose?

Seems tricky, right? This riddle has been circulating online, leaving many scratching their heads. Can you figure out how much profit (or loss) he actually made? Take a moment, think it through, and see if you can solve it!

RIDDLE: Try To Solve This Impossible Problem
RIDDLE: Try To Solve This Impossible Problem

Common Mistakes

Many people jump to conclusions with this type of riddle. Some assume the process is more complicated than it actually is, overthinking the transactions or miscalculating. The common mistake here is failing to follow each step carefully, assuming that buying and selling the same item multiple times leads to a more complex result.

In fact, the key to solving this is sticking to the basic principle of profit and loss calculations. It’s easy to get sidetracked by the two separate transactions, but if you carefully analyze each step, the solution is surprisingly simple.

Common Mistakes
Common Mistakes

Step-by-Step Solution

Let’s break this riddle down:

First Transaction:

  • The man buys the horse for $60.
  • He sells the horse for $70.
  • Profit from this transaction: $70 – $60 = $10.

Second Transaction:

  • The man buys back the horse for $80.
  • He sells it again for $90.
  • Profit from this transaction: $90 – $80 = $10.

Total Profit:

Now, we add up the profit from both transactions:

  • First profit: $10.
  • Second profit: $10.
  • Total profit: $10 + $10 = $20.

So, the man made a total profit of $20. It’s a straightforward riddle once you break it down, right?

Step-by-Step Solution
Step-by-Step Solution

Video

Test Your Skills with These Engaging Puzzles for Endless Fun!

Final Thoughts

This riddle serves as a great example of how small details can trip people up. By carefully analyzing each transaction and not overcomplicating the math, you can see that the man actually walked away with a $20 profit.

Have you solved it? Drop your answer in the comments below and let us know how long it took you to crack the puzzle! Also, if you love riddles like this, why not challenge yourself with more? Keep sharpening your logical thinking, and you’ll be solving even the trickiest of problems in no time!

RELATED ARTICLES

LEAVE A REPLY

Please enter your comment!
Please enter your name here

Most Popular

Recent Comments