Nails

A rider decided to buy a good riding horse, whose price was 10 000 €. The seller told him: "I will give you the horse for free. Pay me only for the nails with which the horseshoes are attached. For the first nail in the horseshoe pay me 1 cent, for the second 2 cents, for the third 4 cents, etc."
Was it a good deal if each horseshoe is attached with five nails? What was the price of the last nail?

Your answer:

eur


Help us improve! If you spot a mistake, please let let us know. Thank you!







You need to know the following knowledge to solve this word math problem:

algebraarithmeticbasic operations and conceptsUnits of physical quantitiesGrade of the word problem

Related math problems and questions: