How much money did the man make or lose ?
A man buys a horse for $60.
He sells the horse for $70.
He then buys the horse back for $80.
and He sells the horse again for $90.
In the end, how much money
did the man make or lose ?
Or did he break even ?
Click here for Answer
The man made $20.Solution :
First he bought the horse @ $60 and sold for $70, So $10 profit
Again he bought the horse @ $80 and sold For $90, So $10 profit again.
So Total Profit = $10 + $10 = $20.