- My Forums
- Tiger Rant
- LSU Recruiting
- SEC Rant
- Saints Talk
- Pelicans Talk
- More Sports Board
- Fantasy Sports
- Golf Board
- Soccer Board
- O-T Lounge
- Tech Board
- Home/Garden Board
- Outdoor Board
- Health/Fitness Board
- Movie/TV Board
- Book Board
- Music Board
- Political Talk
- Money Talk
- Fark Board
- Gaming Board
- Travel Board
- Food/Drink Board
- Ticket Exchange
- TD Help Board
Customize My Forums- View All Forums
- Show Left Links
- Topic Sort Options
- Trending Topics
- Recent Topics
- Active Topics
Started By
Message
re: Help with riddle - How Much Money Did The Store Lose?
Posted on 12/11/23 at 3:24 pm to Seaux_cal_tiger
Posted on 12/11/23 at 3:24 pm to Seaux_cal_tiger
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?
First you assumed it was a male and not a ma’am and are out thousands or more in the lawsuit…
The scenario was probably vague on purpose and not specifically about accounting buckets or theft total and was just to start conversations amongst the group.
Product could be loss leaders and below cost or could be almost pure margin, but scenario doesn’t include the margin or other associated costs involved like if employee got additional pay for the sale, or taxes on any net income from the sale’s added revenue. If last items they could have lost a customer over not having them in stock anymore. With given info there is no way to calculate any net income or loss attributable solely to this sale.
The only thing for sure is that the store is missing $100 in cash, and the person stole that $100 in cash.
If a guy uses a fake $100 bill to pay for this same $70 sale or as part of the payment for a $700 sale the store is for sure the store will be short $100 in cash.
This post was edited on 12/11/23 at 8:42 pm
Popular
Back to top
![logo](https://images.tigerdroppings.com/images/layout/TDIcon.jpg)