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re: Help with riddle - How Much Money Did The Store Lose?

Posted on 12/12/23 at 1:18 pm to
Posted by Death Before Disco
Member since Dec 2009
6190 posts
Posted on 12/12/23 at 1:18 pm to
I was never very good with math, lol.
Posted by Corinthians420
Iowa
Member since Jun 2022
6778 posts
Posted on 12/12/23 at 1:24 pm to
quote:

I see why people think $200.
When he steals $100 he gives back $70 for $70 of goods. Gets the $30 cash so all they really lost was $100

I don't see why anyone would think $200. That's asinine. Giving someone change isn't equal to giving them another $30 bill.

The only answer is $100 minus the difference between the $70 price of the goods and the store cost for those goods because the question asks how much the store LOST.

The store can't lose more on an item sold than it cost them.
Posted by Seaux_cal_tiger
Member since Sep 2016
394 posts
Posted on 12/12/23 at 1:24 pm to
Assumptions: You partied in the 70’s

If you were at a nightclub in the 70’s and you snorted 3 lines, how many chicks did you bang?
Posted by Death Before Disco
Member since Dec 2009
6190 posts
Posted on 12/12/23 at 1:25 pm to
The train reached Chicago at 7:30 pm.
Posted by TDsngumbo
Alpha Silverfox
Member since Oct 2011
41714 posts
Posted on 12/12/23 at 1:26 pm to
$200
Posted by stelly1025
Lafayette
Member since May 2012
8539 posts
Posted on 12/12/23 at 1:33 pm to
More than $200. He stole the $100 (cash in the register), purchased $70 worth with that, and $30 he received back with the stolen $100. So the thief stole from you previous sale, your current inventory, and your future inventory and profit margin which is over 200. If you say less you suck at business and probably should not go into business.
This post was edited on 12/12/23 at 1:35 pm
Posted by tigerfoot
Alexandria
Member since Sep 2006
56485 posts
Posted on 12/12/23 at 1:37 pm to
OMG.

He stole 100.

The store is out 100.00

He gave the 100 dollars back to the store upon the transaction.

He has 30 buck and the COG of the 70.00 he purchased. So if they were marked up 30% the store received 21 of their stolen dollars back. So, the store is out 79.00.....30 bucks cash and 49 dollars worth of product.
Posted by tigerfoot
Alexandria
Member since Sep 2006
56485 posts
Posted on 12/12/23 at 1:38 pm to
quote:

I don't see why anyone would think $200. That's asinine.
I havent looked at this thread and was shocked.
Posted by stelly1025
Lafayette
Member since May 2012
8539 posts
Posted on 12/12/23 at 1:38 pm to
quote:

OMG.

He stole 100.

The store is out 100.00

He gave the 100 dollars back to the store upon the transaction.

He has 30 buck and the COG of the 70.00 he purchased. So if they were marked up 30% the store received 21 of their stolen dollars back. So, the store is out 79.00.....30 bucks cash and 49 dollars worth of product.


OMG no it is not 100. It is more than 200 and your argument is irrelevant.
Posted by LNCHBOX
70448
Member since Jun 2009
84304 posts
Posted on 12/12/23 at 1:39 pm to
quote:

no it is not 100


It's literally exactly $100.
Posted by stelly1025
Lafayette
Member since May 2012
8539 posts
Posted on 12/12/23 at 1:47 pm to
quote:

It's literally exactly $100.


Not it is not. The business loses a 100 and product. The 100 is stolen out of the register, it is gone. When it is gone from the register you are not replacing the 100. The theif is paying you with stolen money. Gets stolen product and the change back. Again that 100 has been stolen and it hasn't been replaced.
Posted by bazeball
Equipped, not stripped.
Member since Jun 2006
479 posts
Posted on 12/12/23 at 1:52 pm to
quote:

Not it is not. The business loses a 100 and product. The 100 is stolen out of the register, it is gone. When it is gone from the register you are not replacing the 100. The theif is paying you with stolen money. Gets stolen product and the change back. Again that 100 has been stolen and it hasn't been replaced.


I thought the idea that 2019 to 2023 was four football seasons was the dumbest thing I'd read on this site today. Man was I wrong.
Posted by LNCHBOX
70448
Member since Jun 2009
84304 posts
Posted on 12/12/23 at 1:52 pm to
quote:

The business loses a 100 and product.
How'd it lose the product that was paid for
quote:

The 100 is stolen out of the register, it is gone. When it is gone from the register you are not replacing the 100. The theif is paying you with stolen money. Gets stolen product and the change back. Again that 100 has been stolen and it hasn't been replaced.



Holy shite, this place is full of morons
Posted by stelly1025
Lafayette
Member since May 2012
8539 posts
Posted on 12/12/23 at 1:56 pm to
You got stolen from twice you dumbass not to mention your next sale. You guys are some fricking idiots.
Posted by simonizer
no
Member since Oct 2008
1647 posts
Posted on 12/12/23 at 1:57 pm to
What if he pays for the merchandise with a $100 bill that he didn't steal? Then what?
Posted by LNCHBOX
70448
Member since Jun 2009
84304 posts
Posted on 12/12/23 at 1:57 pm to
quote:

You got stolen from twice you dumbass not to mention your next sale. You guys are some fricking idiots.

I'm just gonna assume you're trolling, but walk me through your math step by step.
Posted by stelly1025
Lafayette
Member since May 2012
8539 posts
Posted on 12/12/23 at 1:58 pm to
quote:

What if he pays for the merchandise with a $100 bill that he didn't steal? Then what?


That is called a profit considering he didn't steal from you in the first place. If he stole 100 you are out the 100 and the merchandise plus your next sale
This post was edited on 12/12/23 at 2:00 pm
Posted by Corinthians420
Iowa
Member since Jun 2022
6778 posts
Posted on 12/12/23 at 1:59 pm to
Lol u can't count the goods as stolen and the $70 as stolen if they give u the $70 back.. U gotta pick one or the other. Either they stole ur $70 and paid you for the goods or they stole the goods and didn't take ur $70.
Posted by tigerfoot
Alexandria
Member since Sep 2006
56485 posts
Posted on 12/12/23 at 1:59 pm to
quote:

OMG no it is not 100. It is more than 200 and your argument is irrelevant.


Ok lets go slow

He takes 100 dollars.....he puts merchandise on counter. They tell him he owes 70.00.

He takes the 100 and gives it back to the store.....

At that moment the 100.00 is in the register. The store has the same amt of cash that they had prior to him stealing.

They then take 30 out and give him his change. He has 30.00.

After that he takes his bag of goods that have a value of less than 70.00 (store markup). So he walks out of store with 30 bucks and less than 70 in goods.

Do you get it now?
Posted by tigerfoot
Alexandria
Member since Sep 2006
56485 posts
Posted on 12/12/23 at 2:01 pm to
quote:

I'm just gonna assume you're trolling
I can only pray.
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