Today’s Math Problem:
12% of 580 + ? = 94
1. 24.4
2. 34.4
3. 54.4
4. 65.4
Answer:
1. 24.4
.12 x 580 = 69.60
69.60 + 24.4 = 94
Today’s Problem:
A man decides to buy a nice horse. He pays $60 for it, and he is very content with the strong animal. After a year, the value of the horse has increased to $70 and he decides to sell the horse. But already a few days later he regrets his decision to sell the beautiful horse, 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 horse, he finally decides to sell the horse for $90.
What is the overall profit the man makes?