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Nairaland Forum / Nairaland / General / Romance / For Genius Only --- Can You Solve This Market Question (1030 Views)
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For Genius Only --- Can You Solve This Market Question by Whogoblog: 9:37pm On Feb 21, 2018 |
@VIVIANGIST ![]() |
Re: For Genius Only --- Can You Solve This Market Question by alexandakin(m): 9:45pm On Feb 21, 2018 |
He's just been stewpeed |
Re: For Genius Only --- Can You Solve This Market Question by hourl: 9:52pm On Feb 21, 2018 |
$20 |
Re: For Genius Only --- Can You Solve This Market Question by richarleno(m): 9:52pm On Feb 21, 2018 |
$20 |
Re: For Genius Only --- Can You Solve This Market Question by PMWSpirit(m): 10:00pm On Feb 21, 2018 |
0$ |
Re: For Genius Only --- Can You Solve This Market Question by dat9jaguy(m): 10:19pm On Feb 21, 2018 |
$20. A hypothetical man has $100,he buys the goat for $60(he has he$40 change) He sells goat for $70,added to his change he now has $110. He buys goat again for $80,leaving change of $30. He sells goat again for $90,added to his change of $30 he now has $120. Subtract that from his original amount we have $20. |
Re: For Genius Only --- Can You Solve This Market Question by kennybelle: 10:37pm On Feb 21, 2018 |
$10 1 Like |
Re: For Genius Only --- Can You Solve This Market Question by olarwhumy6(f): 10:44pm On Feb 21, 2018 |
$20 |
Re: For Genius Only --- Can You Solve This Market Question by Nobody: 10:48pm On Feb 21, 2018 |
Re: For Genius Only --- Can You Solve This Market Question by ireke(m): 10:49pm On Feb 21, 2018 |
dat9jaguy: Great approach. I also got the same answer by assuming he borrowed the first $60, made a profit of $10 and borrows another $70 to buy at $80 and resell at $90 |
Re: For Genius Only --- Can You Solve This Market Question by Nobody: 10:51pm On Feb 21, 2018 |
olarwhumy6: kennybelle: dat9jaguy: PMWSpirit: richarleno: hourl:He actually lost $10. He finally gained $10 though 1 Like |
Re: For Genius Only --- Can You Solve This Market Question by PMWSpirit(m): 10:57pm On Feb 21, 2018 |
RadicallyBlunt:-10+10=0 |
Re: For Genius Only --- Can You Solve This Market Question by Nobody: 10:58pm On Feb 21, 2018 |
PMWSpirit:As in ehn, no be small maths o. It just look simple |
Re: For Genius Only --- Can You Solve This Market Question by dat9jaguy(m): 10:59pm On Feb 21, 2018 |
RadicallyBlunt: Please explain your reasoning,i don't understand you. |
Re: For Genius Only --- Can You Solve This Market Question by Nobody: 11:19pm On Feb 21, 2018 |
dat9jaguy:After selling what for 60 at 70, he gained 10. He lost that 10 when he had to add an additional 10 to make 80 with which he bought it again. When he finally sold it at 90, he gained a new 10 |
Re: For Genius Only --- Can You Solve This Market Question by Artzdanielsz(m): 12:12am On Feb 22, 2018 |
$0 be the answer. |
Re: For Genius Only --- Can You Solve This Market Question by dat9jaguy(m): 7:55am On Feb 22, 2018 |
RadicallyBlunt: He actually gained $20 from the total transaction but had pay back $10,if he borrowed the $10 for the second transaction . All in all he gained $20. |
Re: For Genius Only --- Can You Solve This Market Question by hourl: 8:18am On Feb 22, 2018 |
RadicallyBlunt: the guy invest 70dolls overall nd he has 90dolls at hand, do d math na. |
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