Kyteland
Diamond Member
- Dec 30, 2002
- 5,747
- 1
- 81
The answer is $97 folks. There are 3 people involved and it is a closed system. No money is added or lost to it.
The second shopkeeper comes out of the deal with no change. He didn't gain or lose any money.
The customer comes out of the deal +$18 item +$79 in change -$0 counterfit bill for a net gain of $97
$0+$97+$x = 0
Solve for x and the guy lost $97
The second shopkeeper comes out of the deal with no change. He didn't gain or lose any money.
The customer comes out of the deal +$18 item +$79 in change -$0 counterfit bill for a net gain of $97
$0+$97+$x = 0
Solve for x and the guy lost $97
its a trick question. the real answer is that mr. anderson goes mad with rage and goes on a rampage. he hunts down mr.brown and tortures him for two weeks before killing him. before he dies, mr. brown tells mr. anderson his secret swiss bank account number, where he had been hiding all of his nazi gold that he bought with his counterfit money scheme. mr. anderson sells the gold and makes a profit of 200 million $$. or if you want a pussy answer, i got 97$
Mr Brown (Customer) - Came into store with essentially nothing, Left with $79 and product selling for $21, costing Mr Anderson $18. Netted at least $97, maybe $100.
Mr Anderson (Shopkeeper) - Gave away product which cost him $18 (retailed for $21),
gave Mr Brown $79 in change, gave neighbor shopkeeper $100, received $100 from neighbor shopkeeper.
Neighbor Shopkeeper - Gave Mr Anderson $100, got $100 back eventually.
Soooo, Mr Anderson lost the $79 in change, the $100 he had to give to neighbor shopkeeper, and the product (your choice is it $18 or $21).
$100 + $79 + $18 - $100 = $97
$100 + $79 + $21 - $100= $100
Lets average and call it $98.50!
This make the other side happy!
Mr Anderson (Shopkeeper) - Gave away product which cost him $18 (retailed for $21),
gave Mr Brown $79 in change, gave neighbor shopkeeper $100, received $100 from neighbor shopkeeper.
Neighbor Shopkeeper - Gave Mr Anderson $100, got $100 back eventually.
Soooo, Mr Anderson lost the $79 in change, the $100 he had to give to neighbor shopkeeper, and the product (your choice is it $18 or $21).
$100 + $79 + $18 - $100 = $97
$100 + $79 + $21 - $100= $100
Lets average and call it $98.50!
This make the other side happy!
Shopkeeper paid:
$100 to Neighbor (Justify the mistake of the counterfeit)
$79 to Conterfeiter (Brown gets clean $79)
$18 loss of product (Product)
=$197
If it makes it easier for folks, just forget about the $100. Forget it. It doesn't exist. Forget about the "neighbor" as well since that is the same thing as this guy's cash register.
$100 if he would have sold it legititmately. $97 if that item would have never been sold to anyone.
$100 if he would have sold it legititmately. $97 if that item would have never been sold to anyone.
My bad my bad. My ethic origin is not British. English is my second language so sorry for the hassle. I am living in UK that's why I said that
BurnItDwn
Lifer
- Oct 10, 1999
- 26,376
- 1,885
- 126
It is impossible for him to have lost more than "$100" since that was the total amount of mony involved in the transactions.
He lost whatever he gave in change + the cost or price of the product (take your pick) ...
He did not lose any other money.
All you who are saying > 100 are completely wrong.
He lost whatever he gave in change + the cost or price of the product (take your pick) ...
He did not lose any other money.
All you who are saying > 100 are completely wrong.
the $79 bucks came from the original counterfeit that the customer gave him...
its like the customer asking the neighbor for $100 in change
Amused
Elite Member
- Apr 14, 2001
- 57,547
- 20,261
- 146
I'm still trying to figure out where you people are coming up with an extra $100.
The change he handed the man was his neighrbors money. He simply owes his neighbor $100. He lost nothing of his own except an $18 item, but he kept $21 of his neighbor's money.
That makes $97 he's out. $100 if you count his lost profit as a loss as well (I would).
how can people get this so wrong?
$97 or $100 depending if you consider the "lost profit" i.e if it was the last item, someone came in to buy it, and went somewhere else instead.
edit: if he ordered the item again before someone came in to buy it then he would not have "lost profit" but would be out a certain amount of time...stocking, selling, etc.
$97 or $100 depending if you consider the "lost profit" i.e if it was the last item, someone came in to buy it, and went somewhere else instead.
edit: if he ordered the item again before someone came in to buy it then he would not have "lost profit" but would be out a certain amount of time...stocking, selling, etc.
DrPizza
Administrator Elite Member Goat Whisperer
Two explanations:
Starting at 0 in drawer.
Receives counterfeit bill (debt to be paid later)
+$100 = total of $100 in drawer.
gives counterfeit bill to neighbor, now $0 in drawer
Receives $100 in change from neighbor. Now, $100 in drawer.
Gives man $18 in product. (Let's say that he pays his cost when the item is sold - owes the manufacturer $18 now) Still, $100 in drawer.
Gives man $79 in change. Now, $21 in drawer.
Neighbor returns, demands $100 for the counterfeit bill.
Borrows $100 from wife to pay the neighbor.
So, he started with 0 in the drawer.
Now:
positive $21 in drawer.
owes wife $100
Owes product manufacturer $18.
+21 -100 -18 = lost $97.
Method #2 (so we don't go negative.)
Starts with $500 in drawer. (unfortunately too large of bills to make change)
Receives counterfeit $100, now $600 in drawer.
Goes to neighbor, does the exchange, still $600 in drawer.
Toothfairy comes, exchanges small bills for the large bills in the drawer so the guy is capable of the next step.... still $600 in drawer.
Gives guy product, takes $18 out of drawer to pay the manufacturer (think of it as selling on consignment... he doesn't have to deduct the cost until after the sale. )
Now has $582 in drawer.
Gives $79 in change. Now has $503 in drawer.
Neighbor returns. "Gimme back my $100 or I'm calling the secret service!"
Gives neighbor $100. Now, $403 in drawer.
He's out $97.
Starting at 0 in drawer.
Receives counterfeit bill (debt to be paid later)
+$100 = total of $100 in drawer.
gives counterfeit bill to neighbor, now $0 in drawer
Receives $100 in change from neighbor. Now, $100 in drawer.
Gives man $18 in product. (Let's say that he pays his cost when the item is sold - owes the manufacturer $18 now) Still, $100 in drawer.
Gives man $79 in change. Now, $21 in drawer.
Neighbor returns, demands $100 for the counterfeit bill.
Borrows $100 from wife to pay the neighbor.
So, he started with 0 in the drawer.
Now:
positive $21 in drawer.
owes wife $100
Owes product manufacturer $18.
+21 -100 -18 = lost $97.
Method #2 (so we don't go negative.)
Starts with $500 in drawer. (unfortunately too large of bills to make change)
Receives counterfeit $100, now $600 in drawer.
Goes to neighbor, does the exchange, still $600 in drawer.
Toothfairy comes, exchanges small bills for the large bills in the drawer so the guy is capable of the next step.... still $600 in drawer.
Gives guy product, takes $18 out of drawer to pay the manufacturer (think of it as selling on consignment... he doesn't have to deduct the cost until after the sale. )
Now has $582 in drawer.
Gives $79 in change. Now has $503 in drawer.
Neighbor returns. "Gimme back my $100 or I'm calling the secret service!"
Gives neighbor $100. Now, $403 in drawer.
He's out $97.
He has to eat the conterfeit bill twice.
Which totals $200
$79 goes to conterfeiter
$100 goes to neigbor
I'm changing my answer to $179
This is like the bellhop riddle.
Three guys pay for a $150 room with a $50 bill each. Shopkeeper decides he overcharged $5 and sends it up with the bellboy. He tells the guys and shows them the $5. They decide to each take $1 from the bellboy and let him have the extra $2. So, each guy paid $49 which equals $147. Now, add the $2 the bellboy has in his pocket and that's only $149. Where's the extra dollar.
Three guys pay for a $150 room with a $50 bill each. Shopkeeper decides he overcharged $5 and sends it up with the bellboy. He tells the guys and shows them the $5. They decide to each take $1 from the bellboy and let him have the extra $2. So, each guy paid $49 which equals $147. Now, add the $2 the bellboy has in his pocket and that's only $149. Where's the extra dollar.
Many people have realised it already and "actively" trying to convince others;
So I'd just put down the official answer.
The official answer is $100 though because -
As BurnItDwn pointed out, losing more than $100 is wrong. The neigbour was just a wash since the neigbour did not gain or lose. The total amount of money involved in the transaction was no more than $100
Firstly; the shopkeeper Mr. Anderson lost his $18 to the buyer Mr. Brown. Mr. Brown paid Mr. Anderson a courtfert $100 note; which equals nothing; Mr. Anderson gave him a change of $79
In this view Mr. Anderson had gained $0-$79-$18 = -$97
However strictly speaking; as royaldank and Amused pointed out;
It depends on what the definition of "lost" in the question is.
He'd have that $3 profit if the product had successfully sold to any customer
Although he physically lost $97; -$100 is what he'd put in his account book
Congradulations to royaldank as the first person realising this.
Thanks everyone for their active participation
The swift replies had suprised me
I personally got $197, then changed my mind to $97 when I first tackled this question.
If you view it at an angle like the explanation above, it's pretty simple.
So I'd just put down the official answer.
The official answer is $100 though because -
As BurnItDwn pointed out, losing more than $100 is wrong. The neigbour was just a wash since the neigbour did not gain or lose. The total amount of money involved in the transaction was no more than $100
Firstly; the shopkeeper Mr. Anderson lost his $18 to the buyer Mr. Brown. Mr. Brown paid Mr. Anderson a courtfert $100 note; which equals nothing; Mr. Anderson gave him a change of $79
In this view Mr. Anderson had gained $0-$79-$18 = -$97
However strictly speaking; as royaldank and Amused pointed out;
It depends on what the definition of "lost" in the question is.
He'd have that $3 profit if the product had successfully sold to any customer
Although he physically lost $97; -$100 is what he'd put in his account book
Congradulations to royaldank as the first person realising this.
Thanks everyone for their active participation
The swift replies had suprised me
I personally got $197, then changed my mind to $97 when I first tackled this question.
If you view it at an angle like the explanation above, it's pretty simple.
mooncancook
Platinum Member
- May 28, 2003
- 2,874
- 50
- 91
hmm let me think again.
He gains $3 total from the sale (21-18). Then he lose $100 to the neighbor for the fake bill. 100-3=97.
So my final answer is $97.
He gains $3 total from the sale (21-18). Then he lose $100 to the neighbor for the fake bill. 100-3=97.
So my final answer is $97.
TRENDING THREADS
-
Discussion Zen 5 Speculation (EPYC Turin and Strix Point/Granite Ridge - Ryzen 9000)- Started by DisEnchantment
- Replies: 25K
-
Discussion Intel Meteor, Arrow, Lunar & Panther Lakes + WCL Discussion Threads
- Started by Tigerick
- Replies: 24K
-
Discussion Intel current and future Lakes & Rapids thread- Started by TheF34RChannel
- Replies: 23K
-
-
Facebook
Twitter