Question

If I have 10 dollars and I win 6 out of 10 and lose 4 out of 10 and bet 1$ each trade, how much should there be left after 10 trades?

Answer 1

you will be left with 12 dollars.

Step-by-step explanation:

Given:

The actual money you have = 10 dollars.

The bet amount for each trade= 1$

For each win, you get extra +1 dollar.

Step 1:

So, you won 6 trades= (6*1)= 6$

Step 2:

For each lose, you loss -1 dollar.

Step 3:

So, you lose 4 trades= (4)*(-1)= -4$

Step 4:

After 10 trades, the money you earned is= 6$ -4$= 2 dollars.

Finally, the total money left after 10 trades is= actual money + earned money                                                

= $10 + $2= 12 dollars.