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Forum » 97% of College Kids Cant Answer this Basic Question Correctly
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Thread: 97% of College Kids Cant Answer this Basic Question Correctly

post 1473977431 12-06-2016, 08:07 AM
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#151
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My first reaction was $200, but after rereading it i think its jsut $100.
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post 1473978881 12-06-2016, 08:19 AM
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Originally Posted By InfinityThor⏩
Red beat me to it, loss is calculated on the cost of the goods.
lol this
post 1473979191 12-06-2016, 08:22 AM
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Originally Posted By WABeast⏩
How much did the owner pay for the $70 worth of goods? Like he would sell stuff for no profit lol.
back to green fam.


its confirmed 150% of tradies couldnt even read the question
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Negg mouth breathers on sight
post 1473979331 12-06-2016, 08:24 AM
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#154
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Originally Posted By umop3pisdn⏩
Anyone saying he lost $100 is wrong. The owner is down $30 in cash, and $70 in goods. But the question was how much MONEY did helose.
He didn't lose any. It was stolen chief.
post 1473979551 12-06-2016, 08:26 AM
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#155
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Originally Posted By MrDeafMuscle⏩
Did it ask for that? No one has the time to go that deep on a "riddle" otherwise more facts would have been stated to help you calculate it.
LOL u mad bruh?
post 1473979661 12-06-2016, 08:27 AM
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#156
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$30 if just money. $100 if you count the goods as part of the owner's monetary loss.

inb4 i'm retarded
"So t
post 1473979851 12-06-2016, 08:29 AM
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#157
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Originally Posted By Oakbearer⏩
fuking lol @ any idiot that answers anything other than $100
This. Jesus.
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post 1473979871 12-06-2016, 08:29 AM
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#158
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lost like $86 considering 12-18% markup on goods
post 1473981281 12-06-2016, 08:41 AM
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#159
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If we're going to nitpick cogs vs value of the goods, might as well account for the tax deduction you get to claim for loss to theft as well.
post 1473981491 12-06-2016, 08:43 AM
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Actually the owner made a profit. He can deduct the 100 as a loss (collect insurance on it) then he made $70 on his sale= up around 140 on this transaction

edit: if not insurance he lost 170 lol
post 1473981551 12-06-2016, 08:44 AM
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#161
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$100

Edit:

LOL at considering mark-up costs of the goods ITT. Only on the misc do you take a joke to the extreme.
"One day I won't be able to lift any more. Not I won't want to lift. I mean physically unable. That day could be decades from now or it could be tomorrow. All I know is that's the day I'll wish I could lift more than ever. The day I'd give anything for one more workout, one more set, or one more cardio session. So go hard and enjoy every workout, every set, every rep. Because one day you will wake up and you will never get it back."
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post 1473981851 12-06-2016, 08:46 AM
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#162
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anyone who says $100 is a tradie.
post 1473981871 12-06-2016, 08:46 AM
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LOL, this thread is funny as ****
post 1473983251 12-06-2016, 08:59 AM
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#164
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I dont like to use my brain that much.. they lose the goods, and 100.. but then get compensated for the goods
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post 1473983421 12-06-2016, 09:01 AM
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#165
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Isn't this just a poorly written question that is not specific enough to be accurately answered
post 1473983481 12-06-2016, 09:01 AM
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#166
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Originally Posted By donblaximus⏩
When I first opened the thread and read it I thought, there is no way a lot of people get this wrong. Then I starting reading the thread.............
Man, what an eye opener. This is why there is a ton of opportunity in this world.
Yes, there certainly is...

V V V
Originally Posted By Enguin⏩
The product itself is only worth 50$. So he financially is to be up 50$. He gives 50$ back because he she has put him up 100$. This is how change works. You can't be this stupid.
If the owner started at 0 after this exchange he is at 50. If the owner started at 100 after this exchange he is at 150.

In the case here. The owner is supposed to be at 170, but is instead at -30. That is losing 200 dollars. If you're not accounting for a difference of 200 dollars and only see -30, than the owner is (ignorantly) being charitable.
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post 1473983831 12-06-2016, 09:06 AM
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#167
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It's a poorly worded question , but it should be like this.

Show owner loses 100 = -100
Robber comes back and buys a good, gives shop owner back 100 = 0
Shop owner gives good to robber, what is the cost of goods sold??? Lets assume for simplicity's sake it was 50 = -50
Shop owner gives 30 change to the robber = -80

So at this point it is -80 if we assume cogs is 50

If the shop owner doesn't know that someone stole the 100, then he can't claim theft for insurance reasons. Only later would he discover that 100 is missing, but since he wouldn't know where is went, he can't recoup that back (they could just say he lost the 100 somewhere/dropped it on the ground/etc.)
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post 1473983961 12-06-2016, 09:07 AM
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#168
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Originally Posted By becomegreen⏩
anyone who says $100 is a tradie.
So you do believe tradies to be smart enough to answer the question correctly!
It's not your beliefs that make you a better person, it's your behavior.

"If you're having girl problems I feel bad for you son, I got 99 problems and a b1tch ain't 1" JayZ
post 1473983981 12-06-2016, 09:07 AM
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#169
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walks in and steals a 100.
anything after that is irrelevant.


owner lost 100.
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post 1473984121 12-06-2016, 09:08 AM
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#170
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Originally Posted By keels141⏩
Yes, there certainly is...

V V V
I admit I goofed.
100-100+100 is different from 100-100 but I goofed and dropped the base 100 doing the latter when comparing profit vs the end result.
AP4 Crew.
post 1473984341 12-06-2016, 09:10 AM
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#171
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Thread is still going? should have stopped after this..

They were robbed of 100 dollars. End of story. The transaction afterwards has nothing to do with anything. Just confuses you.
post 1473984451 12-06-2016, 09:12 AM
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#172
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They were robbed of 100 dollars. End of story. The transaction afterwards has nothing to do with anything. Just confuses you.
They were robbed of 100 dollars. End of story. The transaction afterwards has nothing to do with anything. Just confuses you.
They were robbed of 100 dollars. End of story. The transaction afterwards has nothing to do with anything. Just confuses you.
They were robbed of 100 dollars. End of story. The transaction afterwards has nothing to do with anything. Just confuses you.
They were robbed of 100 dollars. End of story. The transaction afterwards has nothing to do with anything. Just confuses you.
They were robbed of 100 dollars. End of story. The transaction afterwards has nothing to do with anything. Just confuses you.
There is no thing without nothing.

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post 1473984581 12-06-2016, 09:13 AM
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#173
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Originally Posted By Bothang⏩
Thread is still going? should have stopped after this..

They were robbed of 100 dollars. End of story. The transaction afterwards has nothing to do with anything. Just confuses you.
Except he gives the shop owner back the 100 that he stole, so yes the transaction is relevant.
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post 1473984641 12-06-2016, 09:14 AM
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#174
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Originally Posted By MuckSnapper⏩
They were robbed of 100 dollars. End of story. The transaction afterwards has nothing to do with anything. Just confuses you.
They were robbed of 100 dollars. End of story. The transaction afterwards has nothing to do with anything. Just confuses you.
They were robbed of 100 dollars. End of story. The transaction afterwards has nothing to do with anything. Just confuses you.
They were robbed of 100 dollars. End of story. The transaction afterwards has nothing to do with anything. Just confuses you.
They were robbed of 100 dollars. End of story. The transaction afterwards has nothing to do with anything. Just confuses you.
They were robbed of 100 dollars. End of story. The transaction afterwards has nothing to do with anything. Just confuses you.
Exactly.
post 1473984701 12-06-2016, 09:14 AM
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#175
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Originally Posted By mrmk5110⏩
Except he gives the shop owner back the 100 that he stole, so yes the transaction is relevant.
it doesn't matter where the money comes from. it is a regular sale in the ordinary course of business.

owner is out of $100 that was stolen from the register.
post 1473984711 12-06-2016, 09:14 AM
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#176
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Originally Posted By mrmk5110⏩
Except he gives the shop owner back the 100 that he stole, so yes the transaction is relevant.
ching chong potato

Imagine he traded that 100 dollar bill out for a fresh one. Does your logic still apply? No. It's a new 100 dollars.


They were robbed of 100 dollars. End of story. The transaction afterwards has nothing to do with anything. Just confuses you.They were robbed of 100 dollars. End of story. The transaction afterwards has nothing to do with anything. Just confuses you.They were robbed of 100 dollars. End of story. The transaction afterwards has nothing to do with anything. Just confuses you.They were robbed of 100 dollars. End of story. The transaction afterwards has nothing to do with anything. Just confuses you.They were robbed of 100 dollars. End of story. The transaction afterwards has nothing to do with anything. Just confuses you.They were robbed of 100 dollars. End of story. The transaction afterwards has nothing to do with anything. Just confuses you.
There is no thing without nothing.

_____________________________________


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post 1473984801 12-06-2016, 09:15 AM
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#177
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Originally Posted By mrmk5110⏩
Except he gives the shop owner back the 100 that he stole, so yes the transaction is relevant.
He didn't give it back, he used to to buy something. Could have been him or any other customer.
post 1473984921 12-06-2016, 09:16 AM
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#178
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Originally Posted By EvertonFC2010⏩
LOL u mad bruh?
That makes no sense. Your rage meter is backwards.


Do you say that to all of your teachers and your parents everytime they state a fact?
post 1473985161 12-06-2016, 09:17 AM
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#179
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Originally Posted By Zackad⏩
$30 if just money. $100 if you count the goods as part of the owner's monetary loss.

inb4 i'm retarded
Yea you're retarded but so was i
There is no thing without nothing.

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post 1473985231 12-06-2016, 09:18 AM
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#180
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Originally Posted By WABeast⏩
How much did the owner pay for the $70 worth of goods? Like he would sell stuff for no profit lol.
Doesn't matter, he still lost $70 worth of goods because those are goods that he could've sold for $70 to someone if they hadn't been stolen.

Answer is $100 including goods.. The only reason so many people get it wrong, if that's even true, would be that there is a couple of right answers depending on if you count goods or just money etc, but they would only be accepting one of those answers as right.
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