One simple math question that many people will not answer correctly

[Journeyman]

lol 3 bucks.

 

[oldirtyku]

5 bucks, no brainer.

its 3 i think... Made 2 lost 2 made 3...

 

[levistep]

Wiping out profits when he rebuys it has nothing to do with it

say he starts with $100

$100-5=95 when he originally buys
95+7=102 when he sells for profit
102-9=93 when he rebuys
93+12=105 when he sells again

theres no arguing with that

Problem solved.

For all the those saying $3. Lets say he rebought the chicken for $12 and then sold for $12, is his profit zero?

 

[Journeyman]

its 3 i think... Made 2 lost 2 made 3...

I quickly changed my mind, it is 3 IMO...

he had a $5 got $7 back then added 2 which meant he was down 2 before reselling for 12 to profit 3...it does make ya think.

hno:

 

[WVU]

he spent a total of $14 and collected a total of $19.

No other answer other than $5 profit

 

[Journeyman]

he spent a total of $14 and collected a total of $19.

No other answer other than $5 profit

Wasn't he down -$2 before the final transaction?

 

[levistep]

Hopefully all you people saying $3 are saying that because you think it's a trick. You guys didn't actually come up with $3 legitimately, did you?

 

[MIKEY.1TIME]

Hopefully all you people saying $3 are saying that because you think it's a trick. You guys didn't actually come up with $3 legitimately, did you?

i assume its trick of some sort because simple math would be
start with 0 - 5 to buy=-5 +7 to sell = +2 - 9 to buy = -7 +12 to sell = 5

obviously i am missing something:drink:

 

[goodcall]

"A person bought a chicken for 5 dollars and sold it later for 7 dollars. He then felt he could do better, so he bought it back for 9 dollars and sold it to another person for 12 dollars. How much money did he make?"

OK say I have 10 $1 bills in my pocket:
xxxxxxxxxx
I buy a stupid chicken for $5. Here's my wallet now:
xxxxx
I sell it for $7:
xxxxxxxxxxxx
I buy it for $9:
xxx (yes, now I'm down $2 from where I was after I originally bought it. but who cares...I'll make it up in the resale)
I sell the chicken for $12:
xxxxxxxxxxxxxxx
Count the final number of bills (x's), and you get 15...which just so happens to be 5 more than I started with

 

[Journeyman]

Quote:
<TABLE cellSpacing=0 cellPadding=6 width="100%" border=0><TBODY><TR><TD class=alt2 style="BORDER-RIGHT: 1px inset; BORDER-TOP: 1px inset; BORDER-LEFT: 1px inset; BORDER-BOTTOM: 1px inset">Originally Posted by Journeyman
5 bucks, no brainer.
</TD></TR></TBODY></TABLE>


:youmad: don't make me think too hard in the first 30 minutes of my day.

 

[steaktartar]

start with a 20 spend 5 u have 15 sell it for 7 u have 22..........spend 9 u have 13 sell it for 12 u have 25..........5......

 

[Journeyman]

What if you have zero dollars and are borrowing the money...

You borrow 5 , sell for 7 , so you are at +2 after paying back the 5.

You borrow 7 more to buy it back @ 9 dollars, resell for 12, after paying back the new loan of 7 you have 5 profit.

 

[goodcall]

"A person bought a chicken for 5 dollars and sold it later for 7 dollars. He then felt he could do better, so he bought it back for 9 dollars and sold it to another person for 12 dollars. How much money did he make?"

OK say I have 10 $1 bills in my pocket:
xxxxxxxxxx
I buy a stupid chicken for $5. Here's my wallet now:
xxxxx
I sell it for $7:
xxxxxxxxxxxx
I buy it for $9:
xxx (yes, now I'm down $2 from where I was after I originally bought it. but who cares...I'll make it up in the resale)
I sell the chicken for $12:
xxxxxxxxxxxxxxx
Count the final number of bills (x's), and you get 15...which just so happens to be 5 more than I started with

comeonnn someone refute this shiz

 

[MIKEY.1TIME]

What if you have zero dollars and are borrowing the money...

You borrow 5 , sell for 7 , so you are at +2 after paying back the 5.

You borrow 7 more to buy it back @ 9 dollars, resell for 12, after paying back the new loan of 7 you have 5 profit.

i said that in post 28 always marcia marcia marciahno:

 

[Hookandcrook+]

comeonnn someone refute this shiz

I would but I think you are right now.

 

[JOH]

Jack and Jill went up the hill, each with 2 bucks and a half.
Jill came down with five bucks, that F'in whore.


Elementary. Smarter than a 5th grader... $5

 

[tkim11]

How bout we look at the question?

"How much did he make?"

Does this pertain to NET or the profit from his final transaction (buy chicken at 9 sell it for 12).

 

[CrocodileHunter]

Was surfing another forum and find it funny that many people who claimed to be scientist or engineer got this question wrong, this type of questions are type of sample math questions that could be found in third grade elementary math class in Chinese schools...

Anyway, let see how many "smart" people are here in the RX since we're always dealing with math and stats...


A person bought a chicken for 5 dollars and sold it later for 7 dollars. He then felt he could do better, so he bought it back for 9 dollars and sold it to another person for 12 dollars. How much money did he make?

:lol:

Please stop coming here for help with your homework.

 

[Doug]

Who pays $12 for a chicken ?

 

[steaktartar]

Who pays $12 for a chicken ?

:lolBIG: u did it doug first guy to make me spit up scotch on my keyboard today