[Solved] A man decides to buy a nice horse. He pays $600 for it and he is very content with this strong animal. After a year the value of the horse has increased to $700 and he decides to sell the horse. But a few days later he regrets his decision so he buys back the horse again. Unfortunately he has to pay $800 to get it back so he loses $100. After another year of owning the horse he finally decides to sell the horse for $900. What is the overall profit the man makes?

This riddle has been around for some time on internet platforms such as Instagram, Facebook, and WhatsApp, and many people still argue over what the answer might be, as there are many possibilities. The correct answer is The man makes an overall profit of $200. The man always sold the horse for a $100 profit every time. Assume that he had $1000 in the beginning. After buying the horse for $600 and then selling it off for $700, he would have: $1000 – $600 – $700 = $1100. After buying the horse for $800 and then selling it off for $900, he would have: $1100 – $800 + $900