Logic Riddles

Logic riddles with answers involve looking at situations and making judgements about them by ruling out impossibilities. If you like solving maths puzzles, you will most probably like logic riddles as well.

Horse for Sale

A man decides to buy a nice horse. He pays $600 for it and he is very content with this strong animal. After a year the value of the horse has increased to $700 and he decides to sell the horse. But a few days later he regrets his decision so he buys back the horse again. Unfortunately he has to pay $800 to get it back so he loses $100. After another year of owning the horse he finally decides to sell the horse for $900. What is the overall profit the man makes?

Riddle Answer