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Good Morning Thought

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Old Woodie Car

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dondi

I came at it a different way. When I traveled around the world, I found that some other countries' currencies were also called "dollars", although they weren't US dollars. The conversion rate was anywhere from 5-40 to 1 (e.g. 5 New Taiwan dollars might be equal to 1 US dollar). So you buy them in Taiwan for NT$5 (US$1) and sell them for US$3. Profit 67%.

The problem with the solution proposed - which is probably the accepted solution - is that it requires that he already *be* a millionaire; you only become a millionaire on the way up, not on the way down. Saying "in no time at all he would be a millionaire" implies causality, i.e. the implicit condition that he is *not* a millionaire now, so it does not compute. That's like saying if I went out and started digging holes in the yard, in no time at all I would be a college graduate.

I confess I was always bad at these; they never seem to make sense.

pkin38

Thanks skpy nice to see you... I wish it was that simple too.
Lucy my thoughts exactly ...
Fran great to see you...
Gene so glad you liked it...
Jan Well coconuts I believe are harder material..
Sis thanks I did have a beautiful day...
Laura thanks for stopping in...

laurajane

Another great oldie!

puzzeljac

Good afternoon Sissy. A nice one. Thanks. Have a beautiful day.

bradjan

If he was on assault team, he should have brought pineapples.

gnt1041

Great post Pat :-)))))

bookish

Thanks Pat. Another good one. :)

grandmalucy

IF i were this man and a billionaire i would not want to lose that much to become a millionaire. That is not a normal reaction when one has money.

skpy

Wish it was that simple! Good to see your brain teasers (and you) as well.

pkin38

That's a good trade skpy .. where do I send it to.. good to see you.

skpy

I'd gladly trade you - we have a clear blue sky... I love the rain!

pkin38

Good morning Ardy they are good one aren't they... Have a great day It's raining here..

ringleader

Love the comments, Pat. Good one. Thanks. A lovely car too.

pkin38

Now that's a goodie Jim... best one yet...

jcarroll

And then he got elected to Congress and they are using his model to balance the budget!

pkin38

But it only says they are for the assault team...He did give the right answer...

grandmalucy

I see his logic but here is another thought. what if they were sold not only for assault but for the milk and the meat of them. that means selling them 3 times.

pkin38

You are such a smarty pants .. Hip hip hurray he got it .. Thanks you Sir Wizard Starlord..

starlord

Right :-)
He buys them for $5 a dozen and would sell them at $3 a dozen.
So he loses $2 a dozen every time.
If he would end up as a millionaire, that means he must be more than a millionaire now.
So he has to be a billionaire

pkin38

Ok smarty pants Sir Wizard Starlord... oh I forgot Good morning my dear Sir

grandmalucy

What has a dirty box got to do with the deal???.are they stolen to begin with.???

starlord

Now this is an easy one :-)

pkin38

Good morning Lucy and Lorna read it again then you figure it out...

goingsilver

Apart from wondering what exactly is the coconut air assault team, I have no idea, though Lucy has a good idea.

grandmalucy

Good morning Pat , it could be the guy would resell the coconuts. back to the air assault team every time the are used.