Today’s challenge, however, comes in the form of a riddle, and is quite tricky, causing many headaches worldwide.
So it’s essential to focus and concentrate before you answer. If you take your time, it shouldn’t be a problem.
How much money did he make or lose?
Here is today’s challenge. The image below shows a riddle that goes:
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?
Pretty easy, right? I can give you a small hint; it’s not as simple as it looks.
If you can’t solve it, we’ll share the correct answer after the image below.
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Answer:
If a man buys a horse for $60, sells it for $70, buys it back for $80, and sells it again for $90, the trick is to approach each transaction as separate:
-60 + 70 = 10
-80 + 90 = 10
The man-made $10 with each transaction, therefore his profit adds up to $20.
Did you approach it differently? Let us know in the comments, and SHARE this problem to test your friends.
How Much Money Did The Store Lose?
The riddle below has caused thousands of people to tear their hair out because they can’t manage to solve the task. It is anything but easy, but if you concentrate and take your time, I know you can solve it.
How much did the store lose?
Here comes today’s test. Below, we can see a picture.
The challenge is thus the following:
A man steals a $100 bill from a store’s register. Then he buys $70 worth of goods at that store using the $100 bill and gets a $30 change. How much money did the store lose?
Can you come up with the answer? Think carefully, and read the task a few times. We’ll show you the correct answer after the picture below.
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Here is the correct answer
The correct answer is $100.
How do we get there?
The best answer from the choices is the owner lost $100. The $100 bill that was stolen was then given back to the owner. What the owner loses is the $70 worth of items and the $30 in change, which makes for a total of $70 + $30 = $100. The owner has lost $100.
At first glance, the answer might seem to be 200$ or 130$, but that’s not the case. I’ll explain why.
The man stole 100$. The loss incurred is 100$.
Step 1 – The man hands the 100$ note to the store owner. The loss incurred is 0$.
Step 2 – The store owner hands over items worth 70$. The loss incurred is 70$.
Step 3 – The store owner hands over 30$ worth of change. Loss incurred is (70$ + 30$) = 100$
Did you solve it on your own? Congratulations on that case!
