# Many people are unable to figure out the correct answer. Can you?

A person buys a horse for \$60. He sells it for \$70. He then buys the horse again for \$80. And he sells the horse for \$90.

Ultimately, how a lot cash did the person make or lose? Or did he break even?

Reply To Shopping for And Promoting A Horse Riddle

The quick reply is the person profited \$20. The person makes \$10 every of the 2 occasions he sells the horse, for a revenue of \$20.

The reply will be verified by accounting for what the person has in every transaction.

Step 1: buys a horse for \$60. The person is -\$60 of money from his start line.

Step 2: sells the horse for \$70. The person will get \$70, so he’s a internet -\$60 + \$70 = \$10 of money.

Step 3: buys the horse for \$80. The person spends \$80, which implies he’s a internet of \$10 – \$80 = -\$70 money.

Step 4: sells the horse for \$90. The person will get \$90, which implies he’s a internet of -\$70 + \$90 = \$20 money.

Ultimately the person has \$20 greater than he began with.

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