Profit Or Loss Or No-Profit No-Loss?

A man buys a horse for $60. He sells the horse for $70. He then buys the horse back for $80. And he sells the horse again for $90. How much profit did he make or did he loose in transaction? Or did he break even?

Confused? Find the right answer here!

And He Earned A Profit!

But what was the deal?

The confusion starts when he he buys same horse again. But if we look at it as two different transactions then it pretty straightforward.

At first he buys horse for $60 & sells it for $70. Here, he makes profit of $10. This is one transaction.

In next transaction, he buys same horse for $80 & sell the same for $90. Again, here he makes profit of $10.

In this way, the total profit he earns from these transactions is of $20.  

The Buyer Who is Thief

Once a man steals Rs.100 note from the shop. Later he purchases good of worth Rs.70 from the same shop using that note. The shopkeeper gives back Rs.30 in return. 

How much did shopkeeper loose in the case?


Do you think Rs.130? Or anything else? 

Loss Due To Thief Buyer

What's the case history? 

So did you just answer Rs.130 ? No, that's not correct!

Thief initially steals Rs.100 note. Now imagine instead of Rs.100 he steals goods of worth Rs. 70 + Rs.30 (given by shopkeeper). So eventually, the shopkeeper lost only Rs.100 in the process. 

In other words, the thief exchanges Rs.70 with the goods in the case. He pays for those goods to shopkeeper. So he looses Rs.70 from stolen Rs.100 & gains back via goods.

So eventually, the shopkeeper lost only Rs.100 in the case.

 

Round Table Coin Game

You are sitting with one opponent at an empty, round table. Taking turns, you should place one dollar on the table, in such a way that it touches none of the coins that are already on the table. The first player that is not able to place a dollar on the table has lost. By tossing a coin, it has been decided that you may start.

Which strategy will you follow to make sure you are guaranteed to win?

  
Trick to win this game always! 

Never Loose Round Table Coin Game

What was the game? 

There is little trick with which you will always end on winning side in this Round Table Coin Game. Since you have got first chance to place the coin you should place the coin right at the center of the round table. Now for every next coin placed by opponent you need to place coin in such a way that it 'mirrors' opponent's coin.

Imagine line from the center to opponent's coin. Place your coin exactly opposite to that coin at distance equal to distance between center & opponent's coin. Or imagine a circle (with the center fixed at the round table) with opponent's coin lying on it's border.  And place your coin at diagonally opposite point of point where opponent placed coin on that imaginary circle. (Assume imaginary circle though it's not appearing perfectly in the image above)

In this way for every move of your opponent, you will have 'answer' in form of space for placing the coin. This will continue until last place left on the table with your turn of placing the coin in the end. 

This is how to make sure you always on winning side in this 'Round Table Coin Game'!

Loss Due To Fake Currency Note?

A lady buys goods worth Rs. 200 from a shop. (shopkeeper is selling the goods with zero profit). The lady gives him Rs. 1000 note. The shopkeeper gets the change from the next shop and keeps Rs. 200 for himself and returns Rs. 800 to the lady. Later the shopkeeper of the next shop comes with the Rs. 1000 note saying "duplicate" and takes his money back.
 
How much LOSS did the shopkeeper face?

Find that LOSS here!

Source 

'Cashless' Transaction

What was the tricky? 

The shopkeeper's getting change for Rs.1000 from the next shop is just to confuse you.
He brought Rs.1000 from that shop & gave back Rs.1000. There is no loss or profit from that end. Now he gave genuine Rs.800 & product of Rs.200 to the lady. In return, he got Rs.0 as the Rs.1000 note offered by the lady was fake one. So total loss the shopkeeper faced is of Rs.1000.