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

Posted on 12/10/23 at 11:36 pm to
Posted by imjustafatkid
Alabama
Member since Dec 2011
50719 posts
Posted on 12/10/23 at 11:36 pm to
quote:

A man steals a $100 bill from a store’s cash register. Then he buys $70 worth of goods at the store using the $100 he stole and he gets $30 in change back. How much money did the store lose?


This is more complicated than it seems.

What sort of items did the man purchase? Do these items usually sell out at the store, or does the store usually take a loss on this inventory?

This is important context because it would be the difference in losing the full $70 value or whatever the cost value of those items actually was.

Regardless, the store loses $30 as the floor.

ETA: Question isn't how much money he stole. It's how much money the store lost.
This post was edited on 12/10/23 at 11:39 pm
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