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re: Settle A Math Problem Debate

Posted on 2/18/19 at 3:56 pm to
Posted by LittleJerrySeinfield
350,000 Post Karma
Member since Aug 2013
7655 posts
Posted on 2/18/19 at 3:56 pm to
quote:

Settle A Math Problem Debate
It is a horse problem.


So is it a horse problem or a math problem? Need to know before I solve it.

Posted by 0351dawg
West Georgia
Member since Jan 2018
88 posts
Posted on 2/18/19 at 6:38 pm to
Buy it back for ten dollars more so lost initial profit
Posted by Clark14
L.A.Hog
Member since Dec 2014
19035 posts
Posted on 2/18/19 at 8:14 pm to
If I sold a $60 horse for $70 why the crap would I want to buy it back for $80?

Unless I knew someone stupid enough to give me $90?

The gas getting that nag back and forth would make this a losing proposition...I'd pass..









but the answer is $20..
Posted by BamaELCo
Alabama
Member since Jun 2012
3210 posts
Posted on 2/19/19 at 11:55 am to
He started with $60 & no horse.

He finished with $90 & no horse.

After paying himself back the extra $10 for the $80 transaction, he will have made an extra $20
Posted by SOSFAN
Blythewood
Member since Jun 2018
12168 posts
Posted on 2/19/19 at 12:35 pm to
That's gross profit not net profit.
Posted by LouisvilleKat
Member since Oct 2016
18190 posts
Posted on 2/19/19 at 4:34 pm to
Any time you can get rid of a useless creature like a horse you're already up big.
Posted by tb27688
Member since Jul 2011
1201 posts
Posted on 2/19/19 at 6:16 pm to
Rantards are a bunch of dumbasses. The guy made $10. You do the math in the sequence of transaction. +10-10+10=10. Damn??
Posted by SSpaniel
Germantown
Member since Feb 2013
29658 posts
Posted on 2/19/19 at 6:38 pm to
quote:

Rantards are a bunch of dumbasses. The guy made $10. You do the math in the sequence of transaction. +10-10+10=10. Damn??



-60+70-80+90=20. Damn??
Posted by KSGamecock
The Woodlands, TX
Member since May 2012
22982 posts
Posted on 2/19/19 at 6:53 pm to
Sit down and do the transaction with pennies and you’ll see it’s 20.

Or imagine the second series of transactions involves a cow instead of involving the same horse. You’ll see its 20.
This post was edited on 2/19/19 at 7:10 pm
Posted by Huge Richard
Member since Dec 2018
3740 posts
Posted on 2/19/19 at 7:27 pm to
(70 - 60) + (90 - 80)

It’s 2 transactions.
Posted by madmaxvol
Infinity + 1 Posts
Member since Oct 2011
19126 posts
Posted on 2/20/19 at 8:22 am to
quote:

Rantards are a bunch of dumbasses. The guy made $10. You do the math in the sequence of transaction. +10-10+10=10. Damn??



Is that Mississippi State Math?

OK...here is how the math works out...

The easiest way to envision this would be for him to start with $100.

$100-60+70-80+90 = $120

$100-60 = $40
$40+70 = $110
$110-80 = $30
$30+90 = $120

It's simple Horse Economics 101, and it is the math that drives the sale of Horse Commodities on the Equine Stock Exchange.
Posted by yatesdog38
in your head rent free
Member since Sep 2013
12737 posts
Posted on 2/20/19 at 2:29 pm to
The man broke even because he bought a horse... there are no nouns naming the person/entity that entered into the other transactions... could have been the same man. He could have shorted the horse against the box in which case he owns 2 horses and owes the market 2 horses in which case he hasn't realized a profit or a loss and still has multiple open positions.
This post was edited on 2/20/19 at 2:31 pm
Posted by 0351dawg
West Georgia
Member since Jan 2018
88 posts
Posted on 2/20/19 at 3:24 pm to
20 - 10 that he lost for paying more for the horse 10
Posted by Buddy2012
Georgia
Member since Sep 2012
2861 posts
Posted on 2/22/19 at 11:14 pm to
He bought and sold the horse on the internet and never took possession or had boarding fees. + $20
Posted by Cheese Grits
Wherever I lay my hat is my home
Member since Apr 2012
54617 posts
Posted on 2/23/19 at 8:03 am to
quote:

It is a horse problem.


As long as the horse is getting 3 clover and a stall the horse has no problem


quote:

A man buys a horse for $60.
Sells the horse for $70.
Rebuys the horse for $80.
Sells the horse for $90.



If he is a pinhooker, once he sells the first time he is off to buy another horse

Is this man from Arkansas and is he engaging in sexual congress with the horse?
Posted by tb27688
Member since Jul 2011
1201 posts
Posted on 2/23/19 at 8:18 am to
quote:

Or imagine the second series of transactions involves a cow instead of involving the same horse. You’ll see its 20.



That is the issue with the math. It is not a different horse. It is the same horse with each transaction. If a guy buys a horse for 60 sells it for 70, he makes 10. If he turns around and spends 80 for the same horse he just sold for 70, he loses 10. If he sells the same horse for 90 that he paid 80 for he makes 10. It is not 2 separate transactions since he is buying the same animal twice.

ETA: I did the math starting with 100 and it is 20. My apologies to the tards I called dumbasses.

ETAA: Y’all are still a bunch of dumbasses.
This post was edited on 2/23/19 at 8:28 am
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