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re: Help with riddle - How Much Money Did The Store Lose?
Posted on 12/11/23 at 4:36 pm to Seaux_cal_tiger
Posted on 12/11/23 at 4:36 pm to Seaux_cal_tiger
quote:
How much money did the store lose?
If we are to take this literally, the answer is $30. Goods are not technically “money.” They represent a hypothetical future transaction(s) that will be exchanged for money, but the goods themselves, are not “money.” They had $100, now they have $70. They lost $30 of money.
The goods are irrelevant with the way the question is worded. $30. Final answer.
Posted on 12/11/23 at 7:11 pm to Hot Carl
quote:
The goods are irrelevant with the way the question is worded. $30. Final answer.
Wrong answer
The items the thief purchased were 7 white T-shirts. The actual cost of the shirts to the store were $5, and the store sells them for $10
Within minutes another paying customer walks in and asks where he could find white T-shirts, and is told they just sold out
So the store actually lost the cash from the paying customer, which would have offset the cost they were already out for the purchase of the white T-shirts
$35 in merch, $35 profit from sale, and $30 in change = $100
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