How much did the store lose?

Burldude

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May 28, 2022
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Would be less than $100 depending on the margin the store made on that $70 purchase.
 

onomatopoeia

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Jul 3, 2020
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Saul and Morrie are sitting on a park bench. Saul says "Oy vey. My store burned down, and I lost all of my merchandise.". Morrie says "That's terrible.". Saul says "it could have been worse. I was having a sale, and everything was 50% off.".
 

nicejs

New member
Aug 1, 2016
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The boss lost $100. The stolen $100 was returned to its owner. The owner lost $70 worth of merchandise and $30 in change. The total loss is equivalent to $100
 
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Jenesis

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Jul 14, 2020
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130 or maybe 200?

Original 100 + 70 in goods + 30 change = 200. Yes or no?

Thought about it again, @unassuming is right.
Incorrect because the store got $70 back. I know it is with money stolen from them but you can double the $70 if they have $70.

60

100-70+30
 

Sugarsweet905

Well-known member
May 17, 2022
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$130

The original $100, they get $70 back on the $70 in merch so that is a wash, and give back $30 in change.
 

K Douglas

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Jan 5, 2005
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I think the answer is $30 plus whatever the cost is on the store's goods sold. If we assume that the store's margin is 50% that would imply a $35 cost of goods sold. So the answer would be $30 + $35 = $65
 

Ponderling

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Jul 19, 2021
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$100. They have $100 less than if the money had not been taken.
I'm with this answer.
Everything in the question after first $100 theft is a red herring.
If you made the purchases with a legit $100 nothing would change the subsequnet situation.
So the sole loss is the intial stolen $100.
 

nicejs

New member
Aug 1, 2016
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It might be clearer to list the process of the arithmetic solution.

$100(The boss lost) - $100( returned to its owner ) + $70 ( Value of merchandise ) + $30 ( in change ) = $100 ( Equal value of total loss )

$100-$100+$70+$30 = $100

The total loss is equivalent to $100
 

drstrangelove

Well-known member
Mar 26, 2004
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A far simpler explanation is the guy walked in with nothing and walked out with $70 in goods and $30 cash, so the loss was $100.
 
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