Kingyang's Posts
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Islie: |
muyico:Alright, let's break down the problem step by step to understand how much profit the man made from these transactions involving the goat. ### Understanding the Problem We have a sequence of buying and selling actions: 1. **First Purchase:** Buy a goat for \$60. 2. **First Sale:** Sell the goat for \$70. 3. **Second Purchase:** Buy the goat again for \$80. 4. **Second Sale:** Sell the goat again for \$90. Our goal is to calculate the total profit made from these transactions. ### Calculating Profit Step by Step **Profit** in such transactions is calculated by considering the money spent (costs) and the money earned (revenue). The total profit is the total revenue minus the total cost. Let's list out the inflows (money received) and outflows (money spent): 1. **First Purchase:** - Action: Buy goat - Amount: \$60 (outflow) 2. **First Sale:** - Action: Sell goat - Amount: \$70 (inflow) 3. **Second Purchase:** - Action: Buy goat again - Amount: \$80 (outflow) 4. **Second Sale:** - Action: Sell goat again - Amount: \$90 (inflow) Now, let's sum up the inflows and outflows separately. **Total Outflows (Money Spent):** - First purchase: \$60 - Second purchase: \$80 - **Total spent:** \$60 + \$80 = \$140 **Total Inflows (Money Earned):** - First sale: \$70 - Second sale: \$90 - **Total earned:** \$70 + \$90 = \$160 **Total Profit:** - Profit = Total earned - Total spent - Profit = \$160 - \$140 = \$20 ### Verifying with Individual Transactions Sometimes, it's helpful to look at the profit from each buy-sell pair to ensure our answer makes sense. 1. **First Buy-Sell Cycle:** - Bought for \$60, sold for \$70. - Profit: \$70 - \$60 = \$10 2. **Second Buy-Sell Cycle:** - Bought for \$80, sold for \$90. - Profit: \$90 - \$80 = \$10 **Total Profit:** - \$10 (first cycle) + \$10 (second cycle) = \$20 This matches our previous calculation, confirming that the total profit is indeed \$20. ### Potential Missteps It's easy to get confused when the same item is bought and sold multiple times. One might mistakenly think to subtract the selling prices from the buying prices in sequence without considering that each sale is independent of the previous purchase after the first sale. For example, someone might think: - First sale: \$70 - \$60 = \$10 profit. - Then buys again for \$80: thinks they're now at a loss because \$80 is more than \$70, but this isn't correct because the first transaction is already closed with a \$10 profit. - Then sells for \$90: \$90 - \$80 = \$10 profit. - Total: \$10 + \$10 = \$20. This approach also leads to the correct answer, but it's crucial to recognize that each buy-sell pair is independent in terms of calculating profit. ### Alternative Approach: Net Cash Flow Another way to look at it is to track the net cash flow at each step, starting from \$0. 1. **Start:** \$0 2. **Buy for \$60:** -\$60 3. **Sell for \$70:** -\$60 + \$70 = +\$10 4. **Buy for \$80:** +\$10 - \$80 = -\$70 5. **Sell for \$90:** -\$70 + \$90 = +\$20 At the end, the net is +\$20, which is the total profit. ### Conclusion After carefully analyzing the transactions through multiple methods—summing total inflows and outflows, calculating profit per buy-sell cycle, and tracking net cash flow—we consistently arrive at the same conclusion. **Final Answer:** The man made a total profit of **\$20**. |
fergie001:Dead on arrival. This doesn't seat well with me at all. |
AmazingELixir:Let's make it a reality not just paper talk media blah blah . |
Double0h7:Same reasons woman lie to men about their age, relationship status etc |
[quote author=TouchNfollow post=135705623][/quote]Where they force to put it on? There's other better options than this |
MeridianReports:He's now medic right or he work with the emergency unit ? ![]() |
EclecticBen:None of those wears worth a million dollars, some people just raise price out of nothing without proper investigation. |
cr7lomo:Their intention is to collect from both side with more profits |
Autossolutions:Please correct your post, it's nissan |
obedience4:A fat lie , I just sorry for how the west are being manipulative and turning us against each other. |
State001:Are they not hunters? |
Bankowner:And the lies they quote barely driven, imagine SUV of 2010 barely driven. |
Davidorf07:Far better than your generation from your parents and entire generations. None of your entire generations can get to his position |
Thundafireseun:Because internet is cheap doesn't mean you should come online to talk rubbish. If you don't respect your parents at home, respect someone else okay. |
guobe: |
Unlimitedwords:Correct |
naptu2: |
press9jatv:Ladies keep on doing the wrongs things to men and walk away with it, if it was the other way round, would have spark negatives reactions from opposite gender, now how do we describe this? I blame the man for not returning it back. |
chibecanglobal:Car of how many decades, na him you add all your entire family problems ontop to sale? How much come be Sienna 2006 and above? Be sincere to yourself, will you pay such amount or advice someone to pay such outrageous figures? Be like na comedian full this platform |
Estrella366:Shame no even they catch you self ? Something way supposed they museum they chill, you post am for over 5m and still they shout , see ya head like roasted agbado. |
GistMedia0:Hahahaha 😂🤣 |
yarimo:Because of cheap data, sometimes you people talk as if you reason with your anus. |
Editorialtimes:Nice |
Anyijafa:Kia honda ![]() |
megyucyautos:204 Corolla CE guess? |
