Can you solve this riddle?

Prince.Skeletor

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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.

Wrong
They lost $100
 

klientel

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Yeah some of yall are overthinking the fukk outta this. Him buying something with the stolen money doesn’t mean anything. You can ignore that part completely, it’s just there to confuse you.

The only loss was the money stolen at the beginning. The $100
 

null

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the store lost 30 + the cost of replacement of the 70 USD sold goods.

assuming the store operates at a profit the replacement cost is likely to be less than 70.

chatgpt talking rubbish again

:hubie:
 

Umoja

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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
:francis:
 

MarcMan

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$30 + cost of goods + expected sales profit.

The $30 is straightforward.

While we don't know the exact cost of goods stolen, we do know that grocery store margins are usually very low. Let's assume 10% here, that puts the COGS at $63.

Finally, remember that about 30% of food is thrown away at your typical grocery. So let's multiply that $7 of expected margin if they sold all the product by 70% (100%-30%) to get us about $5 in opportunity cost..

So the store lost about $30+$63+$5 or $98

/thread
 

num123

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$30 + cost of goods + expected sales profit.

The $30 is straightforward.

While we don't know the exact cost of goods stolen, we do know that grocery store margins are usually very low. Let's assume 10% here, that puts the COGS at $63.

Finally, remember that about 30% of food is thrown away at your typical grocery. So let's multiply that $7 of expected margin if they sold all the product by 70% (100%-30%) to get us about $5 in opportunity cost..

So the store lost about $30+$63+$5 or $98

/thread
Complicating the fukk out of a simple question. Regardless of anything that you said, the store is missing 100 dollars, regardless if the thief bought something or not.
 
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Yeah some of yall are overthinking the fukk outta this. Him buying something with the stolen money doesn’t mean anything. You can ignore that part completely, it’s just there to confuse you.

The only loss was the money stolen at the beginning. The $100
Ah had to re-read it again.

It said he "gets $30 in change" but I read too quick like he gave them $30 back.

So he took $100, that's the loss at a minimum.

Whether we want to count the value of the goods he stole is another matter since we don't know how much profit the store makes of those stolen items.
 
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