In April 2020 Flash Harry bought a saddle for 100, in May he sold for 200. In June he was sorry he has sold it. So he bought it back for 300. In July he got tired of it so be sold it for 400. Overall did flash Harry make or lose money? How much did he make lose?
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Answer:
First question:He made more money
Second question:He made 100 more money
Step-by-step explanation:
he gains and loses money everytime he sells or buys it back
he gained 100 money the first time he sold it
he lost 100 money the first time he bought it back(so he lost all his money at this point)
he gained 100 back on the second time he sold it(so we can say that he gained more money by reselling the saddle)
200 - 100= 100 =he gained 100
300 - 200= 100 =he lost 100
400 - 300= 100 = he gained 100