A woman buys a dog for $500 Riddle || Interesting Riddle To Test Your Basic Math
Riddle Details : A woman buys a dog for $500. She sells the dog for $1000. She then buys the dog back for $1500, and she sells the dog again for $2000. In the end, how much money did she make or lose?
Like most of these Mathematical questions there are a couple of answers based on the information given. Let's break it down. let's solve this problem step by step.
step1 : A woman buys a dog for $500.
Unfortunately we don’t know if she had $500 or had to borrow it. I think it's safe to assume she had the $500. so assuming she had the $500 cash to start with. So now she has $0 and a dog after the woman buys a dog for $500.
step2 : She sells the dog for $1000.
So now she has $1000 and no dog.
step3 : She then buys the dog back for $1500
ok so now she had to borrow $500 from somewhere. So she has -$500 debt and a dog.
step4 : she sells the dog again for $2000
so she gets $2k cash. Pays back the $500 loan and has $1500 left over. So the answer is $1500. Unless you assume she had to Borrow the first $500 in which case she has only $1000, but in any case she would be making $1000 profit in the end.