Mike wanted to buy a bike, and he found one he liked at $20, so he bought it. The next day, a friend saw it and offered $30 dollars for it so Mike agreed. He later bought it back for $40. Again someone saw it and offered $50 and again Mike sold it. Mike finally rebought the bike for good for $60. Mike then took it to a bike show where a man told him the bike was worth $40.
Deciding to keep it, did Mike gain or lose money on the transactions? Count the bikes worth in the problem.
(In reply to
re(2): The money by Gamer)
Ahh... for some reason I didn't see that last sentence...
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Posted by Lewis
on 2003-08-06 17:31:54 |
re(3): The money
