Horse Problem
A man buys a horse for 50 dollars. He decides he wants to sell his horse
later and gets 60 dollars. He then decides to buy it back again and paid 70
dollars. However, he could no longer keep it and he sold it for 80 dollars.
Did he make money? lose money? or break even? Explain why.
later and gets 60 dollars. He then decides to buy it back again and paid 70
dollars. However, he could no longer keep it and he sold it for 80 dollars.
Did he make money? lose money? or break even? Explain why.