Those trying to figure out the “I Bought a Cow for $800 Riddle” answer solution have been curious and engaged in conversations
The great appeal of this riddle demonstrates how stimulating and enjoyable brainteasers continue to be popular in social settings.
I Bought A Cow For $800 I sold it for $1000 riddle question is once again popular on all social media platforms right now. People from all around the world are curious to learn the right answer because they are perplexed. If you are having trouble deciphering this riddle, we have the solution and an explanation. So let’s get started right away.
I Bought A Cow For $800 riddle meaning and answer
The response to the puzzle, “I Bought A Cow For $800,” is $400
I Bought A Cow For $800. I sold it for $1000. I bought it again for $1100. I sold it again for $1300 Dollars. How much did I earn? Consider reading the riddle one more to better understand. I Bought A Cow For $800 is how the complete riddle is written. For $1,000, I sold it. For $1100, I bought it once more. I sold it once again for $1300. How much money did I make?
The first line of the riddle reads, “I paid $800 for a cow.” I then sold it for $1,000. Therefore, my income is $200 ($1000 – $800). The third statement now indicates that I repurchased it for $1100. The riddle then states, “I sold it again for $1300.” I’ve now earned $1300 – $1100, or $200, from this deal. First of all, my first trade brought in $200. Following that, I lost $200 in the subsequent transaction which sums up the deal’s conclusion. Therefore, I ultimately earned $200 + $200 = $400. I Bought A Cow For $800, hence the answer to the riddle is $400.
Some might get $300, which is wrong
Some people would imagine a $200 profit from the first deal. Then they consider buying the same cow once more for $1100 to make a loss of $100 and selling it later for $1300 to make $200 from this deal. You will make $300 profit off of this as of $200 – $100 + $200 = $300. However, this approach is flawed since there is no need of consider the loss of $100.
This riddle serves as a helpful reminder to exercise caution when determining earnings and losses and to make sure that nothing is double-counted.