### Brain Teasers

# Elvis's Pants

Mad Ade decides to buy a nice pair of antique underpants from "Honest Ron's Second Hand Underpants Emporium". He pays £60 for a pair that allegedly belonged to Elvis Presley's uncle's best friend's former cellmate's little brother, and he is very content with the garment. After a year, the value of the pants has increased to £70 and he decides to sell the semi famous underwear. But already a few days later he regrets his decision to sell the beautiful undergarments, and he buys it again. Unfortunately he has to pay £80 to get it back, so he loses £10. After another year of owning the Elvis related pants, he finally decides to sell them for £90.

The Question: What is the overall profit that Mad Ade makes?

The Question: What is the overall profit that Mad Ade makes?

### Answer

In the first trade, Mad Ade buys something for £60 and sells it again for £70, so he makes a profit of £10. In the second trade, Mad Ade buys something for £80 and sells it again for £90, so he makes again a profit of £10.Conclusion: Mad Ade makes an overall profit of £10 + £10 = £20.

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