₦airaland Forum

Achor1111:
Comprehend ko, comprehensive ni!
Stop displaying your ignorance!
The answer is $20

Thank you very much. Don't mind those people. The man's capital is $60 + $10 totalling $70. In two trades he made $10 each and that equals $20.

It's that simple.

Individually, he made $10 on each transaction.
But on aggregate, he made nothing.

CJStarz:
Total loss.
He made nothing

God bless you bro, it is just like Nigeria inflation, the goods keep increasing while the purchasing power keeps decreasing, he made nothing...

Jashub:
Sorry to say but you definitely did not comprehend the question

He's correct

He made 0$

Sincereboy:
He didn't make any profit. After all the business he did, he made no profit.

Hmm which one do we take now? Some say he made 20, some says 10, while you say Zero

He made nothing

Na here we go see who pass or fail jamb

muyico:
Simple equation but logic! Who can solved this equation??

$20
But wait o, that nothing sef been dey make sense o. I dey come.

$20 is the profit

He made $20 in trade but at the end, he made nothing.

$20 cause the initial investment were is money and whatever on it on both occasions becomes interests, forget the grammer of he buys it again. The moment he sold the first time, it was no longer his, the transaction ended that instance. The next time he went to to market , priced changed and he still made profit after selling second time. So total profits made is $20, no more no less

He made nothing
60-70=10
But he added 10 to the 70 he had n bought at 80 then sold at 90 he just recovered the 10 he went to borrow to buy at 80 so he made nothing

First transaction...

Buys at 60$
Sells at 70$

Profit...10$

Nb.. cash at hand is 70$


Second transaction...

Buys at 80$

It means he added another 10$ [from somewhere else]. To get the cost price of 80$

Sells @90$

Profit..10$..

Note money added to get at 80$...coz only 70$ cash at hand after first transaction..

90$=80$ nd 10$...

So it's no Profit no loss after d second transaction

Be specific

Male or Female goat

AllBlack:
The olodo man made NOTHING

more characters needed

A good sport trader will know he made no profit.

muyico:
Simple equation but logic! Who can solved this equation??

20 dolls

Buy for 60 → cash –60

Sell for 70 → cash –60 + 70 = +10

Buy back for 80 → cash +10 – 80 = –70

Sell for 90 → cash –70 + 90 = +20

99thEnemy:
$20 profit

First, he buys the goat for $60 and sells it for $70 making a $10 profit

Then, he buys it back for $80 and sells it again for $90 which is another $10 profit

Adding both profits we get $2


Don't forget to look at the two buy/sell as transactions of different pairs oh!

Hmm but you fail to understand that he is now buying it back higher than the first purchased, so I don't think he is making any gain from it.

He invested $70 and made $90

Profit is $20

Soukiss:
Zero

Person wey do business wey no gain anything na him some people here dey talk $10, $20. Funny! $0 it is.

Shi shi baba make
U get $60 use am buy something and then sell it back make $10 profit making his capital and $10 to $70

Then go back to buy same goat for $80
Baba borrowed $10 add to his capital of $70
Then resell it again for $90.
Meaning e no make anything.
It take careful calculations to arrive here.
Shi shi baba no make. Truly common sense is not common

Princewell2012:
Hmm but you fail to understand that he is now buying it back higher than the first purchased, so I don't think he is making any gain from it.

That's what Tinubu is doing to us t the moment. Traders are making nothing from their businessws because of this.

Let say he did first business and he made $10
He did another business and made $10
Total profit $20

Achor1111:
Comprehend ko, comprehensive ni!
Stop displaying your ignorance!
The answer is $20

Una sabi fight over everything sha! A wah.

He made 20 dollars . 60 plus 80 = 140 then 90 plus 70 = 160 = 20 d0llars

muyico:
Simple equation but logic! Who can solved this equation??

Sammy0787:
Let say he did first business and he made $10
He did another business and made $10
Total profit $20

What of the money he paid to buy it back! He made nothing!

No one is even commenting how bad the goat would be for the owner to sell it off twice. Also how indecisive the owner is. More like someone who will go back to an abusive ex to try out again.

Assuming he went to the market with $100, he paid $60 and was left with $40. Then he sold it for $70 and now has $110. Then he bought another of $80 and was left with $30, which he then sold for $90 and now has a total of $120.

He made a profit of $20.

Princewell2012:
Hmm but you fail to understand that he is now buying it back higher than the first purchased, so I don't think he is making any gain from it.

He's correct. The last selling price $90 covers initial loss

A mathematician is not a fool you know. You want a fools answer.

deanoffaculty:
This question is not complete.

Is the goat male or female?

I was laughing when I read this your comment, because our landlady used to rear gaot , so I know what you mean.

90-20-10=$20