A Good Deal?
December15
Mr. Scozz bought a bike for $20. After a few days, he decided he did not want the bike and sold it for $30. He regretted selling the bike and bought it back for $40. His friend offered to buy the bike so Mr. Scozz sold it for $50. Again, he decided heย really needed the bike and bought it back for $60. A week later he sold the bike again, this time for $70. Did Mr. Scozz make money or lose money on this bike?
He ended Up With 10 Extra$
first I did 70+50+30= 150 then I did 60+40+20= 120 next I did 150-120 then got 30 so he made a profit of $30.
He did make money because he bought back the bike for 120$ and sold it for 150$.
He lost money because he spent more money on the bike then the people that gave money to him for the bike so there for he lost money. ๐
mr scozz lost money on the bike because the price went up by $10 every time
He lost money because he started with $100 dollars and now he is back down to $70.
annaliese harnes he lost money because he originally bought it for 20
you lost money
Mr. Scozz lost 120$ by buying it back, and earned 150$ from selling it.
Mr. scozz ended up paying 120$ total when he bought his bike but he earned 150$ total when he sold his bike. he made 30$ extra when it was finished. Don’t read the first comment! I messed up!
He made money at the end but at the beggining he wasn’t making money because everytime he bought the bike he bought it he sold it for 10 dollars more everytime. But at the end he sold it for 70 dollars so he made money at the end.
But I don’t think it is a good idea to keep selling the bike over and over again. You don’t really buy a bike for 20 and then sell it for more than it regularly was.
He actually lost money because he didnt give the bike for a really good deal.
So Let’s say Mr Scozz has 100$
Bought:100-20=80
Sold:80+30=110
Re-Bought:110-40=70
Re-Sold:60+50=120
Re-Re-Bought:110-60=60
Re-Re-Sold (FOR REAL):50+70=130
He made a 30$ Profit
I was too lazy to login ๐
i think he lost money
so say that mr scozz has 100 dollars and then buys the bike for 20 dollars now he has 80 dollars. then he sold it for 30 dollars now he has 110 dollars. so he had 110 now he has 70 dollars. now mr scozz has 120 dollars if he sells it for 50 dollars. so now he has 60 dollars if he buys it again. now total he has 130 for selling the bike.
he made money. he made 30 dollars.
he will loose money because if he has 20 then so then he’ll get $10 then he”ll looose 30 and so on and he”ll end up just getting nothing c; Bruh.!!
Lost beacous what he payed total was $120 and he got $150 tottal.
and he spent that money buying it back so in total money he has left is $30
he will lose money because he buys the bike for $20. and he sold it for $30. which now he has $30. then he buys it again for $40, but he only has $30. so now he has -10 dollars. then he sold it for $50. which gives him $40 now. then he buys it back for $60, but he dosent have enough, he only has $40. so now he has -20 dollars. then he buys it again and now he has $50. so thats why he will lose money. ๐
He made money. He made $30 more than before.
he had 20 dollars in the end
Mr. Scozz made money because he maid more money than he had originally bought it for.
he made $50
i mean $30
yes he made 70$ on the bike.
mr.scozz both lost and earned money but at the end of the day he had eard 40 dollars more than he had in the beggning
~symantha A.
He made thirty dollars ๐
He made money because all the times he sold which is 30+50+70 which would equal 115. All the times he bought it back was 30+60 which would equal 90 dollars so Mr. Scozz made more money than he did in losing money. ๐
No, Mr.Scozz did not make money, but he did not lose money, either.
he got money with a profit $40
Mr. Scozz made money on his bike. He earned $30.
Mr. Scozz would have made $30 instead of losing any money.
So, he gained money by $30. How, is this;
-20+30=10-40=-30+50=20-60=-40+70=30 and 30=$30.
mr. scozz lost money because the bike kept selling different prices
Mr Scozz made 10 dollars.
He made $30
made money
20+30+40+50+60+70=230 that why
if you have 20 30 40 50 60 70 you will get 27
he or she has 20 after a few days then he has 30 dallars that he sold and he get 40 dallars back and he get it for 50.
He made 0 dollars
Mr. Scozz lost money
He made $30.
He gained $10
He made money because when he bought it back a couple of times it equalled 120 dollars and when he sold the bike thise couple times it equalled 150 dollars. So he made some money
He didn’t lose any because he kept getting the ten dollars back
He made 10 dollars.
Mr.scozz made $10
earned because he sold it for 70$ so he got 70$
he lost money
Mr. Scozz made $30 on the bike.
he made money on this bike because out o it all he got $70 and thats a lot
he gained 30$
Mr.Scozz gained $10 thru the whole process
He looses money because, in the first week he looses $20.00 for buying a bike after a few days he sold the bike for $30.00 and he was gaining money, then he bought it back for $40.00 and he was loosing money, he then sold it for $50.00 and he was gaining money he bought it back again for $60.00 and he was loosing money and finally he sold it for $70.00 and was gaining money but after the buying and selling over the past weeks he was loosing money.
He made more money
He got money he didn’t lose money because he gained $150 because if you add up 70+50+120+30= 150 he lost $120 because if you add 60+40+100+20=120
he lost money then he gained the money back at the end he had 10$
he gained $150 and lost $120.
he got 150 and lost 120 of his budget
He lost money because for every time he bought it he had to buy it for 10 more dollars then he sold it
He gained money . I did 30+50+70=150 40+60=100
then i did 150-100=50
So he gained 50 dollars
he gained $150 and lost $120
he lost money because it was 10 extra dollars