Man buys a laptop for $500
Sells it for $600
Buys it back for $700
Sells it again for $800
I understand and accept that it was $1200 in purchases and $1400 in sales
I just don't get it
I mean, he lost the initial $100 profit when he bought it back for $100 more than he sold for it. So how does he make $200?
Sells it for $600
Buys it back for $700
Sells it again for $800
I understand and accept that it was $1200 in purchases and $1400 in sales
I just don't get it
I mean, he lost the initial $100 profit when he bought it back for $100 more than he sold for it. So how does he make $200?
