Horsing Around`

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yogi
Posts: 3908
Joined: 14 Feb 2015, 15:49

Horsing Around`

Post by yogi » 20 Feb 2018, 13:33

Image

This is from an article I found about viral memes. The claim is that a lot of people are getting confused and can't come up with an answer. I solved it (correctly it seems) in about 7.3 seconds. Do you find this problem simple too, or are you among the confused ones?

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Kellemora
Posts: 1658
Joined: 16 Feb 2015, 11:54

Re: Horsing Around`

Post by Kellemora » 21 Feb 2018, 13:58

Unless I'm missing something here. He had to start off with $60.00 in order to buy the horse for $60.00
Either way, he's still Down $60.00 in the first transaction. So...
-60
+70
=10
-80
=-70
+90
=20
He's ahead by $20.00
Even if you start off with him having $60.00
60
-60
=0
+70
=70
-80
=-10
+90
=80
He started with $60.00, he now has $80.00, so his profit is $20.00
If this is not correct, what am I missing?

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yogi
Posts: 3908
Joined: 14 Feb 2015, 15:49

Re: Horsing Around`

Post by yogi » 21 Feb 2018, 14:54

You are correct. Here is how I reasoned:

Purchases: $60 + $80 = $140
Sales: $70 + $90 = $160

Sales - Purchases = Profit/Loss
$160 - $140 = $20 Profit

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pilvikki
Posts: 4254
Joined: 16 Feb 2015, 15:35

Re: Horsing Around`

Post by pilvikki » 21 Feb 2018, 16:33

i love those math problems people lose their minds over! :lol: :lol:

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imhotep the 2nd
Posts: 99
Joined: 01 Mar 2015, 16:52

Re: Horsing Around`

Post by imhotep the 2nd » 21 Feb 2018, 17:36

Hah! I had the same reasoning believe it or not with this test

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