# Nice Goat For Sale

A man decides to buy a nice goat. He pays \$60 for it, and he is very content with this strong animal. After a year, the value of the goat has increased to \$70 and he decides to sell the goat. But already a few days later he regrets his decision to sell the beautiful goat, and he buys it again. Unfortunately he has to pay \$80 to get it back, so he loses \$10. After another year of owning the goat, he finally decides to sell the goat for \$90. What is the overall profit the man makes?

### 8 guesses to Nice Goat For Sale

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• He makes a \$10 from the goat but then he sells the horse, so its either a \$90 profit on the horse or a \$90 minus what he spent on the horse otherwise altogether it is an overall \$20 profit.

• Gabriel

It never says how much he bought the horse for…the farmer could’ve lost money.

• Maya Mastroianni

\$80

• Hashi you are today’s winner!
The man makes an overall profit of \$10 + \$10 = \$20. In the first trade, the man buys the goat for \$60 and sells it again for \$70, so he makes a profit of \$10. In the second trade, the man buys the goat for \$80 and sells it again for \$90, so he again makes a profit of \$10.

• Sorry Gabriel for my inconsistency and the confusion it caused. It was all goat trading.

• Stupidbro

NOTHING!!! Cause he lost \$10 than earned \$10. With this pattern, he probably could’ve sold it later and profited \$10 for it though…

• Samir

he bought for 60 and sold at 70 = 70-60=10
then he bought at 80 and sold at 90 = 90-80 = 10
So he made overall profit of 20.

If he had not sold and re-bought he would have made a profit of 30.

• Tiffany

20