You run a shop and someone steals $100

BocaRear

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So why did you say the total loss was $160 when I asked the first question?

The total loss is Approx $160 because the price at which the shopkeeper purchased the goods from a supplier is not stated.
 
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So why did you say the total loss was $160 when I asked the first question?

Because he assumes the shopkeeper paid $60 for the products even though it isn't included in the question. Even if the shopkeeper did pay $60 for the products it would be silly because he would never gain money. I think this is just some next level trolling.
 

Blackgate

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Damn math is not some of you guy's strong points.


they can do simple math but they caint read or think straight...them word problems will get you...i bet a 4th grader could figure this out in her head...
 

BocaRear

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Exactly breh you only take into account what you're given, you're just admitting here that you used numbers you pulled out your azz

Numbers I pulled out my ass? :mjlol:

Just because your feeble mind cannot think outside the limitations of the question and grasp the concept that this is a SHOP, you resort to this bullshyt :heh:

It's clear you and many other mental midgets cannot understand that a shop is run on a profit/loss system where the shopkeeper at his neutral point is already at a loss as he's previously paid the supplier for the product in order to break even and then gain a profit.

The shopkeeper paying for his own merchendise twice doesn't make him break even. It means he's paid out of his own pocket for the goods he already paid for initially. :bryan:

The $60 is a presumed value because the initial price of the product prior to the profit margin being added on is not defined.

U mad as shyt that you're mind is limited af. :ucku:
 

The Fire

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Numbers I pulled out my ass? :mjlol:

Just because your feeble mind cannot think outside the limitations of the question and grasp the concept that this is a SHOP, you resort to this bullshyt :heh:

It's clear you and many other mental midgets cannot understand that a shop is run on a profit/loss system where the shopkeeper at his neutral point is already at a loss as he's previously paid the supplier for the product in order to break even and then gain a profit.

The shopkeeper paying for his own merchendise twice doesn't make him break even. It means he's paid out of his own pocket for the goods he already paid for initially. :bryan:

The $60 is a presumed value because the initial price of the product prior to the profit margin being added on is not defined.

U mad as shyt that you're mind is limited af. :ucku:
lol :deadmanny: this is why they say common sense isn't so common

this isn't as much arithmetic as it is logic
 

NoMayo15

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Breh :snoop:

You're looking at it from the perspective of the thief.

The shopkeeper loses more than just the $100 due to HIS money being used to pay for the merchendise again.

So the shopkeeper loses approx -$160 but add the profit, which is just less than $160.

You fail to realise that the shopkeeper has MOST likely paid for his product already from a supplier.

I don't understand this concept of it being HIS money. He has it until he doesn't anymore. He loss $100, which is later returned in exchange for $60 worth of goods, and $40 worth of cash. That's it. Anything else about how much the shopkeeper originally spent is speculation, and you don't solve math problems by speculating extra info.
 

badhat

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The total loss is Approx $160 because the price at which the shopkeeper purchased the goods from a supplier is not stated.

  1. Customer chooses $60 worth of goods.
  2. Customer hands $100 to shopkeeper.
  3. Shopkeeper hands $40 in change to customer.
What's the score there?
 

BocaRear

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I don't understand this concept of it being HIS money. He has it until he doesn't anymore. He loss $100, which is later returned in exchange for $60 worth of goods, and $40 worth of cash. That's it. Anything else about how much the shopkeeper originally spent is speculation, and you don't solve math problems by speculating extra info.

His money, if the shopkeeper is a sole trader and not a limited liability company, him and the shop are the same legal entity (which is usually the case for shopkeepers). Therefore all the money in the shop's register and on the shopkeepers person and the assets he owns are his money.

The money he LOSES are the assets and the cash he lost.
 

zerozero

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80

he took 100 = -£100

then 'put 60 back' =£-40

You gave him 40 in change = £-40

which mean you down £80

I thought this at first too, but in looking at it like this "put 60 back" accounts for the change already (he put back 100, then got 40 in change.)

So you're -40 in cash, then you subtract the price of the goods you had to give him, -40-60 = -100.
 

Damnshow

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I swear this thread has to go to the rafters, this shyt is pure epic comedy :dead:

This shyt needs a hubie brown narrative
S3A0UBc.png



The OP did not tell us for how much did the shopkeeper buy the goods. Let's assume he bought that shyt for 60 and selling for 60 meaning he is a dumbass and selling goods for literally nothing.

A guy comes to his store and robs his cashier machine by taking 100 dollars which means he is now -100

The same thief comes back tomorrow and uses the same 100 dollars to shop in your stores. Now take a look at this, he gives away those 100 dollars and the shopkeeper puts the money back into the cashier machine meaning that at this point he is now back into 0.

But here is the critical point, he proceeds to give the thief the goods, for which he paid 60 dollars and on top of that he proceeds to take the 40 dollars out of the cashier and give them to the thief....meaning that he is now back into losing 100 dollars
S3A0UBc.png
 

Egomaniacal1

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The irony in this :heh:

Look yall, the spelling police got me...now while we concerning ourselves with what others have typed in this thread, tell me something. Did you really say this...

-100(stolen money)
+60 (money back due to merchandise)
-60(merchandise loss. U can't make a profit off your own money. You're basically swapping the $60 in cash for the merchandise. This is where people get confused)
-40 (change given back)

-100+60-60-40= -140


That's why it's a trick question which is what I'm getting at. U can get a totally different answer writing it out as a math variable in a different way which most of these questions require u to do so. I said my piece so I'm off to sleep. Just gotta wait for OP to reply

Yea it's an even trade so even equals zero.

So he started off at -100,then the even trade happens (+60-60), then what happens next?

He gives the guy 40 dollars in change as a result.


Thank u for proving my point.

Write it out like I said from the beginning

-100+60-60-40= 140


Done.

339acb6b_CharlieMurphyLaugh.gif
 
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