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

Posted on 12/12/23 at 7:21 pm to
Posted by RobbBobb
Matt Flynn, BCS MVP
Member since Feb 2007
28059 posts
Posted on 12/12/23 at 7:21 pm to
quote:

only if they run out of stock before the next customer comes in to buy said item.

Geez, dude

How do you not comprehend that the store can never recover the profit from the original items with their stolen money??

They can certainly reorder those items, but the profit received is only for the re-ordered items. Not the original "stolen" items. They will NEVER recover the original profit. It simply walked out the door, along with their $30 in change. So it doesnt matter what the costs of goods were. That profit vanished. Along with the costs of the original "stolen" goods

Get it, now?
Posted by Corinthians420
Iowa
Member since Jun 2022
7143 posts
Posted on 12/12/23 at 8:32 pm to
quote:

. They will NEVER recover the original profit. It simply walked out the door, along with their $30 in change. So it doesnt matter what the costs of goods were. That profit vanished. Along with the costs of the original "stolen" goods

Get it, now?

this only has to do with the fact that a store can never LOSE $70 on an item that does not cost them $70 to stock.

I'll make it simpler for you. If I own a store and put an empty beer can on the shelf and put the price at $5,000 and someone walks in and steals it, how much did I lose?

did I lose $5,000? no

I lost however much it cost me to get that beer can and put it on the shelf.
This post was edited on 12/12/23 at 8:36 pm
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