Can you solve this riddle?

Blackrogue

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So.....

The store loses $70 out the cash register and $70 worth of goods.

The money and the goods both belonged to the store....as the store already paid for the goods.

They have $100 in the register, and he takes $70, but gives them $30 back.

He takes $70 worth of goods.

They lose $140.

Even though he "bought" the items, he used THEIR cash to do it....so they got hit 2x.

Think of it this way.....if he took $70 worth of goods and just stole the $100, then we'd say the store lost $170. He gave them $30 back, so they lost $140.

you overthinking it. The first transaction was pure fraud and they lost a hundred. the second transaction was a normal one where they didn't lose anything
 

New Jeruz Jewelz

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They stole 100
Used that stolen money to purchase 70 worth of goods
They received 30 back from the stolen 100

The owner lost 170 in total
 

Blackrogue

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Already did, says 100 but I still kinda question the answer


like i said. The first transaction they lost a hundred. so its simple enough. but now the guy comes back and uses that 100 in a legitimate transaction. Imagine it was someone else doing it. Store is still down a hundred. Now instead of losing a hundred straight up. That hundred has been turned into 70 dollars worth of product and 30 dollars back in cash. still 100 dollars worth of stuff. If i was to nitpick i'd say theoretically the store lost the wholesale value of the merch so they are better off with that second exchange. But one can argue opportunity cost.

Either way a stolen 100 dollars turned into 70 dollars worth of product and 30 dollars change is the simple way to look at it.
 

Savvir

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-$100 + (the wholesale cost and markup of the goods) - (taxes they pay on their perceived profit) = total loss
 

New Jeruz Jewelz

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like i said. The first transaction they lost a hundred. so its simple enough. but now the guy comes back and uses that 100 in a legitimate transaction. Imagine it was someone else doing it. Store is still down a hundred. Now instead of losing a hundred straight up. That hundred has been turned into 70 dollars worth of product and 30 dollars back in cash. still 100 dollars worth of stuff. If i was to nitpick i'd say theoretically the store lost the wholesale value of the merch so they are better off with that second exchange. But one can argue opportunity cost.

Either way a stolen 100 dollars turned into 70 dollars worth of product and 30 dollars change is the simple way to look at it.
I get the angle but in my opinion the 100 did not return. You took 100 that I could have used for something. You also took 70 with of goods that I could have sold.

There is no profit for the owner, you bought the goods with my money :yeshrug:

What if you stole the 100 and stole goods?

I respectfully disagree, so no explaining needed for me
 

UpAndComing

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$100 the guy originally stole, plus the $30 they gave in change

The $70 doesn't count since the goods he bought was $70 worth of value

So
The company lost $130
 

Uachet

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He stole $100 from that store

-100 dollar bill

Then he took that 100 and bought 70 dollars of food from that store

+100 dollar bill given back

Meaning, he gave back the 100 dollar bill for 70 dollars of food. So at this point, the store lost 70 dollars.

-70 dollars in food

Now the store gives him 30 dollars change, because they thought the 100 was his, and did not know it was theirs already.

-30 dollar in change

that is -30change + (-70food) = -$100

The store lost 100 dollars, assuming there were not taxes and other price considerations.
 
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