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Greed is Good!

Math brain teasers require computations to solve.

 

Puzzle ID:#45154
Fun:** (1.84)
Difficulty:** (1.53)
Category:Math
Submitted By:addspras****
Corrected By:math12

 

 

 



Two stockbrokers, Mr. Greed and Mr. Avarice, hold stocks of Company Gordon and Company Gekko respectively. Both stockbrokers sell their respective stocks of Company Gordon and Company Gekko for $1000 each. Stockbroker Mr. Greed calculates his profit based on cost price while Stockbroker Mr. Avarice calculates his profit based on selling price. While both claim to their clients to have made 25% profit, who is really hoodwinking his client and who has actually made more money for his client?

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Comments

addspras**
Aug 30, 2009

this is my first teaser, please be gentle !
pating**
Sep 03, 2009

I'm a little lost with the terms!
stil*us*
Dec 24, 2009

The only tease involved comes from the goo of international grammar. "His profit" for "his client's profit." "Cost price" for "purchase price." Once gain and margin are sorted out, the tease evaporates.
teddy5tus**
Jun 18, 2010

greed=bad

yousay:greed=good DuDe!



:XD:



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