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97% of College Kids Cant Answer this Basic Question Correctly
12-06-2016, 06:56 AM
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#91
12-06-2016, 07:00 AM
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#92
- donblaximus
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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.
Man, what an eye opener. This is why there is a ton of opportunity in this world.
12-06-2016, 07:01 AM
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#93
- chalup
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Originally Posted By Qwac⏩
The answer is 170. Why would you count the 30 in change and the 100 stolen? FFS200
- Lost 100 (stolen)
- Lost 70 (worth of goods as he technically bought his own product)
- Lost 30 (change)
The 70 dollar is the trick. While he did get paid for it, it means the 70 from the original 100 is unaccounted for. Unless I'm just overthinking.
- Lost 100 (stolen)
- Lost 70 (worth of goods as he technically bought his own product)
- Lost 30 (change)
The 70 dollar is the trick. While he did get paid for it, it means the 70 from the original 100 is unaccounted for. Unless I'm just overthinking.
12-06-2016, 07:04 AM
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#94
Originally Posted By MrDeafMuscle⏩
Derp this is correct.If your till started with $200 and $100 was stolen. You have $100 in the till. He gives you $100 and you give 30 back. That's $170 when it should have been $270 in the till if money wasn't stolen to start with.
I created an extra 100 dollar difference comparing two different starting points (0 & 100).
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12-06-2016, 07:06 AM
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#95
12-06-2016, 07:06 AM
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#96
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innn
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12-06-2016, 07:07 AM
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#97
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Originally Posted By MrDeafMuscle⏩
If your till started with $200 and $100 was stolen. You have $100 in the till. He gives you $100 and you give 30 back. That's $170 when it should have been $270 in the till if money wasn't stolen to start with.
Originally Posted By chalup⏩
Guys.. guys..The answer is 170. Why would you count the 30 in change and the 100 stolen? FFS
If the minus 100 is replaced by itself.. what are you left with? 0.
A seperate 30 dollars is given out, what are you left with? -30
And the value of the goods? -70
Whats -30 - 70 = ?
Originally Posted By uwantsumfuk⏩
ThisThe thief is basically swapping the $100 dollars he stole for $70 worth in goods and $30 dollars cash.
There is no thing without nothing.
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12-06-2016, 07:08 AM
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#98
12-06-2016, 07:09 AM
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#99
- MrDeafMuscle
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Originally Posted By MuckSnapper⏩
In retail, you can't replace it.Guys.. guys..
If the minus 100 is replaced by itself.. what are you left with? 0.
A seperate 30 dollars is given out, what are you left with? -30
And the value of the goods? -70
Whats -30 - 70 = ?
This
If the minus 100 is replaced by itself.. what are you left with? 0.
A seperate 30 dollars is given out, what are you left with? -30
And the value of the goods? -70
Whats -30 - 70 = ?
This
12-06-2016, 07:09 AM
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#100
12-06-2016, 07:10 AM
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#101
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Originally Posted By MrDeafMuscle⏩
If you take a 100 out of a cashier register real quick and put it back. Did they lose anything? No. Let's just assume this is the case since the question is calling for math, not accountability and other factors.In retail, you can't replace it.
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12-06-2016, 07:11 AM
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#102
After you adjust for inflation in 2016, he lost about $3.50
We also need to know the Cost of Goods Sold (COGS), Inventory Costs, and Total Asset Turnover.
We also need to know the Cost of Goods Sold (COGS), Inventory Costs, and Total Asset Turnover.
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12-06-2016, 07:12 AM
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#103
- MrDeafMuscle
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Originally Posted By MuckSnapper⏩
We still have the same answer. My is the real world answer and yours is a quick answer.If you take a 100 out of a cashier register real quick and put it back. Did they lose anything? No. Let's just assume this is the case since the question is calling for math, not accountability and other factors.
But till is still short $100.
12-06-2016, 07:13 AM
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#104
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Originally Posted By MrDeafMuscle⏩
I do get where you're coming from don't worry.We still have the same answer. My is the real world answer and yours is a quick answer.
Like if you pretend that the guy brought back a different 100 dollar bill, then the store doesn't care if the theif came back = therefore a loss of 200
edit: wait, no.. still just 100 because the theif coming back is a separate transaction
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12-06-2016, 07:14 AM
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#105
12-06-2016, 07:14 AM
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#106
- JoshSP1985
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100 Out minus 100
70 in but 70 in goods out
So now 30 in cash out but 70 in goods out
At first you would think $100 total right but we really need to know the cost of the goods to determine how much the owner lost as the price =/= the cost. That's why stores would much rather give you store credit than a refund.
70 in but 70 in goods out
So now 30 in cash out but 70 in goods out
At first you would think $100 total right but we really need to know the cost of the goods to determine how much the owner lost as the price =/= the cost. That's why stores would much rather give you store credit than a refund.
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12-06-2016, 07:14 AM
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#107
- chalup
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Originally Posted By MuckSnapper⏩
the 30 in change is irrelevant since you already have counted it within the loss of 100. He lost the original 100 plus whatever the goods were.Guys.. guys..
If the minus 100 is replaced by itself.. what are you left with? 0.
A seperate 30 dollars is given out, what are you left with? -30
And the value of the goods? -70
Whats -30 - 70 = ?
This
If the minus 100 is replaced by itself.. what are you left with? 0.
A seperate 30 dollars is given out, what are you left with? -30
And the value of the goods? -70
Whats -30 - 70 = ?
This
12-06-2016, 07:14 AM
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#108
- nordiclifter
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the shop lost 100usd
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Actually lift crew
Currently no gf crew and gonna stay that way for some years now for self improvement/developement. Gotta learn me,๏๏
12-06-2016, 07:16 AM
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#109
- MrDeafMuscle
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Originally Posted By MuckSnapper⏩
Lol almost got you.I do get where you're coming from don't worry.
Like if you pretend that the guy brought back a different 100 dollar bill, then the store doesn't care if the theif came back = therefore a loss of 200
edit: wait, no.. still just 100 because the theif coming back is a separate transaction
Like if you pretend that the guy brought back a different 100 dollar bill, then the store doesn't care if the theif came back = therefore a loss of 200
edit: wait, no.. still just 100 because the theif coming back is a separate transaction
12-06-2016, 07:16 AM
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#110
- LukeTAn
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- LukeTAn
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One thing i can tell you is the dumb**** who made that post needs to go back to highschool english. I cant tell if the dude stole a 100$ bill AND was given a 100$ bill, then used the 100$ bill he was given to buy the product. Or if the girl making the post MEANT to say that he bought the product with the 100$ bill the dude stole.
He would walk out with 130$ in cash for ans 1 and 30$ in cash for ans 2, but the product needs to be readded so the question cant accurately be answered due to the cost of the shop buying product is far less than the cost of a person buying that product from the shop.
This would result in 1##$ being taken from scenario one and ##$ lost from scenario 2
If we have no variables as i added most of those scenarios to the question with my head it would be either a 200$ or 100$ loss.
He would walk out with 130$ in cash for ans 1 and 30$ in cash for ans 2, but the product needs to be readded so the question cant accurately be answered due to the cost of the shop buying product is far less than the cost of a person buying that product from the shop.
This would result in 1##$ being taken from scenario one and ##$ lost from scenario 2
If we have no variables as i added most of those scenarios to the question with my head it would be either a 200$ or 100$ loss.
Everything I post is 100% false and should not be taken seriously. It in no way reflects my viewpoints and/or morals.
12-06-2016, 07:16 AM
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#111
- MuckSnapper
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holy **** this was way more simple than I thought.
Theif stole 100.
Pretend someone else comes in and spent 100 on the whey. That's still a separate transaction after that 100 was taken. So whether it's the thief or not doesn't matter.
The answer is always, and can only be 100 no matter how you look at it.
Theif stole 100.
Pretend someone else comes in and spent 100 on the whey. That's still a separate transaction after that 100 was taken. So whether it's the thief or not doesn't matter.
The answer is always, and can only be 100 no matter how you look at it.
There is no thing without nothing.
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12-06-2016, 07:17 AM
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#112
12-06-2016, 07:17 AM
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#113
- MuckSnapper
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^beat you to it bish
Originally Posted By MrDeafMuscle⏩
hahaha fukkerLol almost got you.
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12-06-2016, 07:19 AM
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#114
- MrDeafMuscle
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Originally Posted By MuckSnapper⏩
Your brain is the fukker here. <3^beat you to it bish
hahaha fukker
hahaha fukker
12-06-2016, 07:20 AM
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#115
- MuckSnapper
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Originally Posted By MrDeafMuscle⏩
No, my brain is the fukked.Your brain is the fukker here. <3
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12-06-2016, 07:21 AM
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#116
12-06-2016, 07:23 AM
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#117
- JoshSP1985
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Lets pretend the shop owner only has two things in his shop
a $100
a $70 Item
Right now the shop owner has $170 in assets ignoring COGS
First action thief steals $100
Now Shop has $70 and thief has $100
Now thief returns and trades $100 for the $70 good
Now the Shop has $100 and the thief has $70
The shop owner has to give the thief change in the amount of $30
Now the Shop has $70 and the thief has $30 and a $70 item
Shop started with $170 in assets and now has $70 the shop lost $100
a $100
a $70 Item
Right now the shop owner has $170 in assets ignoring COGS
First action thief steals $100
Now Shop has $70 and thief has $100
Now thief returns and trades $100 for the $70 good
Now the Shop has $100 and the thief has $70
The shop owner has to give the thief change in the amount of $30
Now the Shop has $70 and the thief has $30 and a $70 item
Shop started with $170 in assets and now has $70 the shop lost $100
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12-06-2016, 07:24 AM
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#118
- Burgerbuger
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You guys are either adding or subtracting value for the goods. The $70 stolen and paid for the goods = $0.
The gentle took $100 dollars from you and then you gave him an additional $30 bucks. The store is at a $130 loss.
The guy who stole the $100 got $70 worth of free goods on top of the $30 bucks je got back. The theif recieved $100 dollars in cash and goods for free.
The gentle took $100 dollars from you and then you gave him an additional $30 bucks. The store is at a $130 loss.
The guy who stole the $100 got $70 worth of free goods on top of the $30 bucks je got back. The theif recieved $100 dollars in cash and goods for free.
Kindness is all that matters in life
12-06-2016, 07:25 AM
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#119
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Most of you guys are over complicating things.
Take a look at it from a simpler perspective:
The owner loses $100 due to someone stealing it. The original question in the OP mentioned the same guy who stole it came back and bought the $70 worth of goods and received $30 cash back.
Now for a second scenario imagine if after the $100 was stolen, the robber doesn't come back, and a new random customer comes in and buys $70 worth of goods using a new $100 bill. The outcome would be EXACTLY THE SAME. So take a different perspective and ask yourself if the guy buying $70 worth of goods is a different person, would it still affect the owner? Answer is no.
Conclusion = owner loses $100
Take a look at it from a simpler perspective:
The owner loses $100 due to someone stealing it. The original question in the OP mentioned the same guy who stole it came back and bought the $70 worth of goods and received $30 cash back.
Now for a second scenario imagine if after the $100 was stolen, the robber doesn't come back, and a new random customer comes in and buys $70 worth of goods using a new $100 bill. The outcome would be EXACTLY THE SAME. So take a different perspective and ask yourself if the guy buying $70 worth of goods is a different person, would it still affect the owner? Answer is no.
Conclusion = owner loses $100
12-06-2016, 07:25 AM
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#120
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Originally Posted By Burgerbuger⏩
Except giving change on a new transaction doesn't put them at more of a loss.You guys are either adding or subtracting value for the goods. The $70 stolen and paid for the goods = $0.
The gentle took $100 dollars from you and then you gave him an additional $30 bucks. The store is at a $130 loss.
The guy who stole the $100 got $70 worth of free goods on top of the $30 bucks in got back. The theif recieved $100 for free.
The gentle took $100 dollars from you and then you gave him an additional $30 bucks. The store is at a $130 loss.
The guy who stole the $100 got $70 worth of free goods on top of the $30 bucks in got back. The theif recieved $100 for free.
I made this same mistake brah
Store lost 100
There is no thing without nothing.
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