Can Wyoming Solve this Impossible Horse Riddle? [SOLUTION]
You see them all the time on social media - math problems or math riddles. However a recent math problem is going viral and has received lots of guesses as to the correct answer. This latest question about a man buying and selling a horse, should be easy for someone in Wyoming, right?
The riddle about a man buying and selling a horse, reads:
A man buys a horse for $60. He sells the horse for $70. He then buys the horse back for $80 and sells it again for $90. In the end, how much money did the man make or lose? Or did he break even?
Thanks to everyone who took a shot at solving this math problem! Now lets show you the correct answer and why.
This is actually a math question that most people over think because it's actually two separate transactions for the same horse in this riddle.
The man bought a horse for $60 and sold it for $70. The man then bought the horse again and sold it again, which is a seperate transaction from the first. So the math looks like this:
(-$60) + $70 = $10 profit. Then he did it again (-$80) + $90 = $10 profit and when you add up the results from the two transactions the man made $10 in each transaction. So $10 + $10 = $20, the man made $20.
If you didn't get the correct answer, don't worry you're not alone, here's what everyone guessed.
33% of answers said that the man made $10
36% of answers said that the man made $20 - correct
10% of answers said that the man made $30
21% of answers said that the man made nothing
Thanks for taking time to answer our impossible question! Now you have the answer, so feel free to share it with your friends!!