Can you crack this brain teaser from a 1984 IQ Test?
Here’s the challenge: A man purchases a horse for $60, sells it for $70, buys it back for $80, and sells it again for $90. The key is to analyze each step independently:
- Buy for $60, sell for $70: Profit = $10
- Buy back for $80, sell for $90: Profit = $10
By treating each transaction separately, the man ends up with a total profit of $20.
Did you approach it differently? Share your thoughts! Don’t forget to challenge your friends with this puzzle.