A simple math problem
By Icewaterwarm
@Icewaterwarm (233)
China
June 4, 2008 3:30am CST
Hi,friend! If you spend 10$ to buy a chicken, and you later sell it at the price of 13$. But you feel unfair ,you use 15$ to buy it again,finally you sell it with 18$.
I want to ask how much you earn.
2 $ ,4 $ or 6 $.
3 responses
@ahgong (10064)
• Singapore
9 Jun 08
That would really depend on the initial capital that you started out with. If you only had $10 to begin with, you would only have made a $6 profit. And that profit is assuming that you do not need to pay interest on the $2 you took or borrow to buy back the chicken at $15.
Start: $10
Bought chicken at $10 = pocket $0 + 1 chicken
Sold chicken at $13 = pocket $13
Bought chicken at $15 = pocket $0 + -$2 debt + 1 chicken
Sold chicken at $18 = pocket $18 + -$2 debt = pocket $16
Total profit = $16 - $10 = $6
@Icewaterwarm (233)
• China
9 Jun 08
I mean you earn is compare to your initial capital , whether you have money or you have a lot of money , you earn is 6 dollor. If the result depend on the initial capital ,you will get different answer. For example , If you have 12$ ,you don't need to be debt . Finally you get 18 $ .
18$-12$=6$ .
you earn 6$.
@jasbir_pro (283)
• India
4 Jun 08
It depends on whether it was male or female and if female, how many eggs it gave you!
@Icewaterwarm (233)
• China
4 Jun 08
Friend , this is a simple question ,you consider it too complex!
@ycpgoldberg (807)
• Malaysia
4 Jun 08
Let said you have $20 now,
you pay $10 to buy it,
left $10 and a chicken.
Now you sell it with $13,
give you $23.
You buy it again with $15,
you left $8 and a chicken.
You sell it again with $18,
which give you $26.
That $6 net.
