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A guy walks into the store and steals $100 bill from the register without the owner’s knowledge. He comes back 5 minutes later and buys $70 worth of goods with the $100 bill. The owner gives him back $30 in change. How much money did the owner lose?

User Spilot
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2 Answers

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Answer:

The money that owner loses is:

$ 100

Explanation:

Since, the guy walks into the store and steals $100 bill from the register without the owner’s knowledge.

Again he comes back with the bill and buys $70 worth of goods with the $100 bill. The owner gives him back $30 in change.

This means that the loss that the owner gets at the starting is recovered as the bill is returned back to the owner and the only loss that is remaining is the cost of the goods that he buy (i.e. $ 70 ) and cost that owner returned him (i.e. $ 30)

Hence, the total loss of the owner is:

$ 70+$ 30=$ 100

User Hello Fishy
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the answer is $100
first the guy steals $100 from the owner. Therefore that $100 is a direct loss for the owner.
the same guy comes and pays $100 for goods worth $70. and the balance is paid back to the guy.
So the owner gets 100 and pays back 30 and gives goods worth 70. Therefore that transaction is cancelled as the amounts have been paid and no net effect with that transaction . the owner gets 70 for the goods he sold so that transaction wont lose his money. the fact that the guy paid for the bill with the money he stole isn't relevant here as the transaction has been completed
so the only loss for the owner is the $100 the guy stole at first
answer is $100
User Daleman
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