Buy And Sell | 1 Aug 2009
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Go4Expert Founder
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| 1Aug2009,19:48 | #1 |
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A person buys grains for 10 $ and sell them for 1 $ and he becomes a millionaire. How ?
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~ Б0ЯИ Τ0 С0δЭ ~
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| 1Aug2009,19:59 | #2 |
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The man was initially a billionaire
![]() He bought huge amount of rice (at $10) and sold it to poor people at affordable prices ($1). In this process, he lost so much that he became a millionaire
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Banned
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| 1Aug2009,22:10 | #3 |
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Alternate solution:
Based on exchange rates, for every dollar he spends on rice in the U.S., he earns two Indian Rupees. So, he could become a millionaire in Rupees without spending a million U.S. dollars
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Go4Expert Founder
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| 2Aug2009,08:29 | #4 |
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Security Expert
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| 2Aug2009,09:47 | #5 |
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Invasive contributor
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| 2Aug2009,21:57 | #6 |
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Congrats Saswat
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~ Б0ЯИ Τ0 С0δЭ ~
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| 3Aug2009,18:12 | #7 |
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Thanx everyone
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