Worded horribly.
How much did he loose? Depends on what you really mean.
$100 is a wash. Forget about it.
$79 in change he's lost. Now, he's also lost the product so that's $18 at cost. But, he would have sold it at $21 so you could factor that either way. He's loosing the sale price.
So, either $100 or $97 depending on whether you factor in the "would be sale" versus the actual price.
How much did he loose? Depends on what you really mean.
$100 is a wash. Forget about it.
$79 in change he's lost. Now, he's also lost the product so that's $18 at cost. But, he would have sold it at $21 so you could factor that either way. He's loosing the sale price.
So, either $100 or $97 depending on whether you factor in the "would be sale" versus the actual price.
