One simple math question that many people will not answer correctly

[ca$hmoney]

1. started with $5
2. sold it for $7 so he now has $7
3. he invested $2 more to buy it back at $9 so he has now invested $7
4. he sold it at $12 so he has made $5 after pocketing his original investment.

No more thinking!!!:bong:

Now let's go Warriors!!

 

[RaoulDuke]

Call me crazy but I have to say $3.

 

[koidog]

Call me crazy but I have to say $3.

You're crazy...It's $5.

 

[steeser]

How is this thread 3 pages long??? No wonder people are poor gamblers and poker players.

 

[creativeloafing]

the answer is zero

 

[steaktartar]

the answer is zero

so is your IQ and the amount of time you will survive in the RR unless you splain lucy

 

[SoCal]

if i wasn't told this was commonly answered incorrectly, i probably would've gone with 5 just like the rest of the crew. knowing this was a teaser, i reworked the problem as such :

+2 off the first sale
rebuying at $9 erases the +2 profit and sets our boy back a cool $2 dollars. ok, so he's at -$2 prior to the 2nd sale. selling at a +3 profit on his second shot results in the following...

-2 + 3 = +1 profit


That's my answer and I like the fact that no one else has gone with it yet

 

[steaktartar]

if i wasn't told this was commonly answered incorrectly, i probably would've gone with 5 just like the rest of the crew. knowing this was a teaser, i reworked the problem as such :

+2 off the first sale
rebuying at $9 erases the +2 profit and sets our boy back a cool $2 dollars. ok, so he's at -$2 prior to the 2nd sale. selling at a +3 profit on his second shot results in the following...

-2 + 3 = +1 profit


That's my answer and I like the fact that no one else has gone with it yet

but the transactions are independent of one another make 2 make 3 total 5 but on your side is none of us drunken idiots here the RR have come up with your answer so stick with it

 

[Doug]

if i wasn't told this was commonly answered incorrectly, i probably would've gone with 5 just like the rest of the crew. knowing this was a teaser, i reworked the problem as such :

+2 off the first sale
rebuying at $9 erases the +2 profit and sets our boy back a cool $2 dollars. ok, so he's at -$2 prior to the 2nd sale. selling at a +3 profit on his second shot results in the following...

-2 + 3 = +1 profit


That's my answer and I like the fact that no one else has gone with it yet

Profit from earlier sale is not lost when you buy back, it is undertermined until it is sold. If you bought a duck instead of a chicken on the second transaction, it makes no difference, you made $2 already, then $3 more on the duck.

2+3=5

3 must be the wrong answer people come up with most.

 

[Teddykgb]

bought for $5 sold for $7 thats +$2 bought back at $9 thats -$2 sold for $12 leaves you with $10.

the answer is $10

 

[Doug]

bought back at $9 thats -$2

Why do you lose money the instant you buy it back ?

 

[steaktartar]

bought for $5 sold for $7 thats +$2 bought back at $9 thats -$2 sold for $12 leaves you with $10.

the answer is $10

you haven't posted in two fukin weeks and this is what u come with.......10? jesus u were missed

 

[bigtendominator]

bought for $5 sold for $7 thats +$2 bought back at $9 thats -$2 sold for $12 leaves you with $10.

the answer is $10

Will you please become my accountant?

 

[creativeloafing]

purchase of chicken -5
sold for 7, makes 2, investment -3
buys back -9
-9 and -3 = -12
sells for 12
-12 +12= 0

 

[therookie2b1]

1

 

[steaktartar]

purchase of chicken -5
sold for 7, makes 2, investment -3
buys back -9
-9 and -3 = -12
sells for 12
-12 +12= 0

what investment-3? the fukin h&R BLOCK dope would catch this

 

[Doug]

at least nobody said money was lost on the chicken.

 

[therookie2b1]

ya he ended up losing a shit load of money because the chicken turned out to be the cock fighting champion in 1996!

 

[koidog]

purchase of chicken -5
sold for 7, makes 2, investment -3
buys back -9
-9 and -3 = -12
sells for 12
-12 +12= 0

:monsters-

 

[BankerC]

The answer has to be 1$.
If he bought for 5$ and sold for 7$. you have a extra 2$ in your pocket.
The next transaction you buy for 9$, it cost you that 2$ profit plus an additional 2$. You then sell for 12$, after you pay yourself back the 2$ you lost on the 2nd buyback, you have 1$ profit.