Day Trading Stocks & Futures

[MSN1979]

The correct answers are 5 cents and 5 minutes.

Pause for a moment and think back to when you were answering the questions (before you knew the correct answers). In the fi rst question, did 10 cents pop into your mind almost immediately? If it did enter your mind quickly, did you simply and almost automatically accept that answer as the correct answer to the problem without any further thought? The same query is relevant to the second question. Did 100 minutes jump into your mind and you felt comfortable with that answer, and so you settled on that? In both cases, once the answers came to you, were you satisfi ed with those answers and then quickly stopped trying to figure out the solutions? This is the experience of most people. Our minds seem to impulsively go to the erroneous answer and then look no further.

Hi I understood 5 minutes, but can u explain how the ball is 0.5 cents?

 

[afin]

Looks like 23,500 incoming! @Shiv12345

 

[suri112000]

Hi I understood 5 minutes, but can u explain how the ball is 0.5 cents?

Let the price of ball be x cents. Then the price of bat is x + $1. The price of both combindly is x + x + 1$ = 2x + $1 = 1.10
Hence 2x = $1.10 - $1 = 0.10
therefore x = 0.05
So, ball costs =0.05 and bat costs $1.05. The difference is $1.00

 

[timepass]

Hi I understood 5 minutes, but can u explain how the ball is 0.5 cents?

I have been reading a wonderful book on trading psychology.

Answer these questions.
1. A bat and a ball cost $1.10 in total. The bat costs $1.00 more than the ball. How
much does the ball cost? _____ cents

It doesn't say that the bat costs $1, it says the bat costs $1 MORE than the ball

x + (x+1) = 1.1
2x + 1 = 1.1
2x = 1.1 - 1 = .10
x = 0.05

 

[timepass]

Let the price of ball be x cents. Then the price of bat is x + $1. The price of both combindly is x + x + 1$ = 2x + $1 = 1.10
Hence 2x = $1.10 - $1 = 0.10
therefore x = 0.05
So, ball costs =0.05 and bat costs $1.05. The difference is $1.00

Goodness, great minds think alike

 

[MSN1979]

Then the price of bat is x + $1 (Incorect)
The price of bat is still $1
The price of both bat and ball is x+$1


The price of both combindly is x + x + 1$
Incorrect

 

[timepass]

Then the price of bat is x + $1 (Incorect)
The price of bat is still $1
The price of both bat and ball is x+$1


The price of both combindly is x + x + 1$
Incorrect

I wish I wasn't good in math.

Overthinking.... right now the markets have settled for only mild red. Look at that

 

[sanju005ind]

Looks like the Bears are waiting for the Bulls to take it up so that they can short.Bulls are waiting for signs of downside pause.

 

[okabira]

Then the price of bat is x + $1 (Incorect)
The price of bat is still $1
The price of both bat and ball is x+$1


The price of both combindly is x + x + 1$
Incorrect

I wish I wasn't good in math.

-------------

kehna kya chah te ho bhai ...


number line pe dalo na

Price of bat is 1 more than ball
it doesnt say price of Bat is 1$

given : price of bat has is 1$ more than ball
assume bat price is NOW 1$

then what should be ball price ?

ball price = 0$ .. understood ??

=> 0.1 shift of ball price = 1+0.1 shift of bat price on number line .. understood ??
=> 0.5 shift of ball price = 1+0.5 shift of bat price ...

hence 0.5(ball) + 1.05 (bat) = 1.10 total.

ab samjh gya ??

yeh 8th std ka example se samjhaya me aapko

 

[MSN1979]

Based on My FALSE ASSUMPTION I read price of bat was $1. Until I read what time pass wrote in bold