Topic: Math problem for you all.

Oatmeal !LOVERlfjCM started this discussion 11 years ago #40,842

A customer went to Store A and bought $80 worth of products. He paid with a $100 bill, but the store owner did not have change. The owner went to Store B to break the $100, then returned and gave the customer $20 change. The customer left. The owner of Store B then realized that the $100 bill was counterfeit, so the owner of Store A paid the owner of Store B a real $100 bill to make it right. Overall, how much money (including value of products) did the owner of Store A lose?

Anonymous B joined in and replied with this 11 years ago, 1 minute later[^] [v] #543,474

$467.30

Anonymous C joined in and replied with this 11 years ago, 16 seconds later, 1 minute after the original post[^] [v] #543,475

You're only giving retail prices, not the prices the retailer is buying their supply at. Not enough information.

Oatmeal !LOVERlfjCM (OP) replied with this 11 years ago, 3 seconds later, 1 minute after the original post[^] [v] #543,476

P.S. I acted this out in real life, with three people, and real money, so I know my answer is correct. Ok you try.

Oatmeal !LOVERlfjCM (OP) double-posted this 11 years ago, 25 seconds later, 2 minutes after the original post[^] [v] #543,477

@543,475 (C)
Assume that the products were worth exactly $80 to Shop A owner.

Oatmeal !LOVERlfjCM (OP) triple-posted this 11 years ago, 38 minutes later, 40 minutes after the original post[^] [v] #543,481

Anyone?

Anonymous D joined in and replied with this 11 years ago, 2 minutes later, 43 minutes after the original post[^] [v] #543,482

@previous (Oatmeal !LOVERlfjCM)
schtick

Oatmeal !LOVERlfjCM (OP) replied with this 11 years ago, 1 minute later, 44 minutes after the original post[^] [v] #543,483

@previous (D)
Oh fuck you. Try to answer the question. It is fun.

Anonymous D replied with this 11 years ago, 3 minutes later, 48 minutes after the original post[^] [v] #543,484

@previous (Oatmeal !LOVERlfjCM)
$1170?

Anonymous E joined in and replied with this 11 years ago, 20 minutes later, 1 hour after the original post[^] [v] #543,489

store owner lost $80 object, nevermind breakdown of cost and profit margin
store owner gave custormer $20
store owner gave another store owner $100

Triptych !!/xkPL9myM joined in and replied with this 11 years ago, 1 hour later, 2 hours after the original post[^] [v] #543,491

$80 in products, $20 in change, the $100 to the other store.
$200.

Anonymous G joined in and replied with this 11 years ago, 1 minute later, 2 hours after the original post[^] [v] #543,492

@543,474 (B)

> $467.30

Anonymous H joined in and replied with this 11 years ago, 19 minutes later, 2 hours after the original post[^] [v] #543,495

Assuming he received real money in exchange for his fake hundred (covering the cost of the item and change paid out) wouldn't he have just lost the $100 he paid to Store B later?

(Although you might be able to argue that the customer wasn't due any change and arrive at a figure of $120? I don't know. I'm still waking up.)

@543,477 (Oatmeal !LOVERlfjCM)
> Assume that the products were worth exactly $80 to Shop A owner.
Why is he selling things at cost? How is Shop A even still open?

(Edited 6 minutes later.)

Anonymous I joined in and replied with this 11 years ago, 3 hours later, 6 hours after the original post[^] [v] #543,530

@previous (H)

> Assuming he received real money in exchange for his fake hundred (covering the cost of the item and change paid out) wouldn't he have just lost the $100 he paid to Store B later?
>
> (Although you might be able to argue that the customer wasn't due any change and arrive at a figure of $120? I don't know. I'm still waking up.)
>
>
> > Assume that the products were worth exactly $80 to Shop A owner.
> Why is he selling things at cost? How is Shop A even still open?

the answer is 100 dollars, he owed change to the man but he wasn't able to give it back to him, so the store is up 20$ but down the counterfeit 100

Anonymous J joined in and replied with this 11 years ago, 1 hour later, 7 hours after the original post[^] [v] #543,582

Matt schtick

Anonymous K joined in and replied with this 11 years ago, 4 hours later, 12 hours after the original post[^] [v] #543,626

@OP
Unlimited hamburgers.

Oatmeal !LOVERlfjCM (OP) replied with this 11 years ago, 1 hour later, 13 hours after the original post[^] [v] #543,632

The answer is $100. I acted it out in real life.

Anonymous G replied with this 11 years ago, 31 minutes later, 13 hours after the original post[^] [v] #543,648

@previous (Oatmeal !LOVERlfjCM)
No. He had to pay a real $100 to cover the counterfeit, and his goods were taken.
$180

Oatmeal !LOVERlfjCM (OP) replied with this 11 years ago, 1 minute later, 13 hours after the original post[^] [v] #543,649

@previous (G)
But Store B lent him $100, so he was $100 up. Do it with real money and three people, like I did, and you will see. It is $100.

Anonymous G replied with this 11 years ago, 4 minutes later, 13 hours after the original post[^] [v] #543,651

@previous (Oatmeal !LOVERlfjCM)
Fair enough. He has the $80 left from the exchanged counterfeit.

He was given a counterfeit $100 and got burned $100. Makes sense I suppose.

Oatmeal !LOVERlfjCM (OP) replied with this 11 years ago, 11 minutes later, 14 hours after the original post[^] [v] #543,655

@previous (G)
I love you. Thanks.

Minichan