Who can solve this business math question:

I bought a cow for $800.
I sold it for $1,000.
I bought it again for $1,100.
I sold it again for $1,300.

How much did I earn?

$400

$300

Lol almost confusing that I gave two wrong answers If you bought it $800 and sold it $1000, you would surely gain $200. But selling it at the rate of $1100 means that you borrowed extra $100 from somewhere else like the guys in the eleventh and twelfth comments after me mentioned. So if you gained $200 from the last transaction ($1100 and $1300) you have to return the $100 you borrowed that gave you $1100. So your gain is actually $100. Lol terrible businessman.

My final final answer is $100 lol.

Obinoscopy:
Who can solve this business math question:

I bought a cow for $800.
I sold it for $1,000.
I bought it again for $1,100.
I sold it again for $1,300.

How much did I earn?

400 dollar on top your 900

$300

Analysis: Your gain is not progressive but $200 constant. Somehow you managed to borrow ₦$100, hence your net profit is $200 - $100 = $100
Verdict: You've not broken even. Infact you're depreciating

business math question

I bought a cow for $800.
I sold it for $1,000.
I bought it again for $1,100.
I sold it again for $1,300.

How much did I earn?[/quote]


$300. Made $200 gain and added $100 to buy back the cow, gain balance$100. Sold $1300, gain$200. 100+200=$300

Correction....$200 gain

I bought a cow for $800.
I sold it for $1,000.
I bought it again for $1,100.
I sold it again for $1,300.

How much did I earn?


$300. Made $200 gain and added $100 to buy back the cow, gain balance$100. Sold $1300, gain$200. 100+200=$300[/quote]

Total earned $400.
Extra $200 gained

$200

7 planets

From the first transaction

Profit= sales -cost price
=$1000-$800
=$200


From the second transaction.

Same cow was now bought @ $1100

It implies $100 was taken fr the $200 profit earlier made to get the same cow at $1100


New profit made= s.p-cp
=$1300-$1100

=$200


Total profit made=$100 balance left + $200 from new transaction


$300 Q.E.D


From a mathematician/ ICAN professional .

Obinoscopy:
Who can solve this business math question:

I bought a cow for $800.
I sold it for $1,000.
I bought it again for $1,100.
I sold it again for $1,300.

How much did I earn?

Before you return to buy the cow, the meat is finished.

$300.

$100


First transaction 1000 -800 =200

But the second transaction
Buying for 1100 you have to add 100 to your money (1000) with you
Sell at 1300
1300 - 1100 = 200
Remove 100 you added
Profit = $100

Simple business maths for people in onitsha. Bought for 800 and sold 1000. You have not really made any gain unless you replace that particular goods you can start talking of profit. So how can you buy something 800 and sold it 1k and bought another 1100 and sold it 1300 and u said you profit na 300. My dear you profit come from the last goods you bought if u can still get it at the rate of 1300 again then ur profit will be 100. Cos u still have to return the hundred you borrowed somewhere to make it 1100 you bought the current item. You have not really made profit unless you replace the item you sold. So your profit is 100

You made 400.
Why does everyone assume you had to borrow extra 100 in the 2nd transaction??

$200
From profit =selling price-cost price

Even Emeka in the Market knows the answer is 100.

You don't treat Business maths as normal Maths

You made 400$
200$ from the first sale, and another 200$ from the second sale. 200$+200$ = $400.

$200

Obinoscopy:
Who can solve this business math question:

I bought a cow for $800.
I sold it for $1,000.
I bought it again for $1,100.
I sold it again for $1,300.

How much did I earn?

Your constant gain is ,$200 nowhere did you say you borrowed cash for the second transaction so I will assume you got extra cash there with you so your income is constant.

Obinoscopy:
Who can solve this business math question:

I bought a cow for $800.
I sold it for $1,000.
I bought it again for $1,100.
I sold it again for $1,300.

How much did I earn?

You earned $400 profit in total.

What worries me about this simple maths riddle isn't just the sheer number of people who fail it, but rather the number of people who still struggle to understand how the total profit is $400. I guess that's why it's a riddle to mess with our minds.

$400 is the answer