A man buys a goat for $60 riddle answer `- A man buys a goat for 60 dollars riddle answer
Everyone loves to solve riddles and teasers. Recently, that’s what happened on the internet and social media. The nerds, geeks and just about everyone who loves a good riddle was forced to confront “a man buys a goat for $60 riddle“. We are going to share it below and implore you to put on your thinking cap and come up with the correct answer.
(Don’t worry, “a man buys a goat for 60 dollars riddle” answer is included.)
A man buys a goat for $60
Then he sells it for $70
Then, He buys it back at $80
but sells it again for $90
How much money did he make ?
a man buys a goat for $60 riddle answer :
The answer to a man buys a goat for $60 riddle with the math:
He made 20 dollars.
10 dollars the first time, $70-$60=$10,
and 10 dollars the second time, $90-$80=$10,
so the total he earned is : $20.
The price of the goat has nothing to do with the earnings (Basic economic math). Because the riddles isn’t a cash flow problem, it’s a profit question.
Assume he started out with $70 in his pocket, at the end of the two transactions he’ll have $90 in his pocket.
Most people got the answer wrong when they are asked this question. That’s scary, help educate them learn to do basic math correctly, and make a profit buying and selling things, because their economic future depends upon it.
This is actually the basic way to make money buying low and selling high.