Monday, January 21, 2008

A Horse & A Man

Hi there!

THE PROBLEM:
A man has bought a horse for $300, and then he has resold it for $400. But later he has found more advantageous buyer, bought the horse back for $500 and sold it then for $600.

How much has the man earned?

The right answer you can find in comments.

1 comment:

Umbros said...

ANSWER:
$200.

Solution:
The man has made 2 transactions:
1) He has bought for $300 & sold for $400. The result is +$100 for him.
1) He has bought for $500 & sold for $600. The result is +$100 for him.
Total: +$200 additionally for him.