Question 623935
buy it for 15 cents.
sell it for 55.
buy it back for 40 cents.
sell it for a dollar.
your cash flow is:
-15 + 55 - 40 + 100
you spent a total of 55 cents and got back a total of 155 cents.
your profit is 155 - 55 = 100.
you made 40 cents on the first transaction and you made 60 cents on the second transaction which means you made a total of 100.