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## Sneaker discount brainteaser

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Difficulty: Tricky

Billie is really in to sneakers. They bought a pair for \$100, aiming to sell them for a profit. First, they put the price up 50% and tried to sell the sneakers. After a few months, they decided to drop the price by 50%, and the sneakers sold.

Did Billie make money, lose money, or sell the sneakers at their original price?

Scroll down or click for a hint, or the answer!

## Brainteaser hint

Do the calculations! You might be surprised at what happens.

Billie bought the sneakers for \$100.

Then they increased the price by 50%, which is \$50, making the new price \$150.

Next they reduced the price by 50%. And 50% of \$150 is \$75, so the sneakers sold for \$75.

Overall, Billie bought the sneakers for \$100 and sold them for \$75, so they lost \$25.

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