How smart are you ? Riddle me this !

[TxAg]

She paid for merchandise with stolen money. That doesn't change the fact that the store is out the $100 in the first place. The answer is $100

[KevinG]

F-200

[KR-oldmexico]

LOL I say $100...... However technically depends on the stores margins on the $70 of products purchased...

Simple answer in $100 based on your choices IMO.

[RascalArms]

C

$1OO was stolen, then traded for $3O plus $7O in merchandise.

Yep, the $100 was all that was stolen. Doesn't matter where the $ came from for the "legit" transaction. There's a hundred dollar bill in the till now for that exchange.

[Encinal]

A hunat

[Burnadell]

$100. This ain't rocket surgery!

How do you guys get $200???

They got their $100 bill back, so they lost $70 in merchandise and $30 cash.

As far as trying to figure the store's cost of the merchandise, that is irrelevant. Any markup above the cost of the product is opportunity cost that they lost, so...$100 total.

[DCT]

I say $100.00

[Drycreek3189]

What is the store's cost of the merchandise that the lady left with? The store lost that amount plus $30.

This.

[Shane]

The store is out what the lady ended up leaving with.

In the end, she left with $30 cash and the merchandise that had a $70 retail price. The store didn't pay $70 for that merchandise though, so they actually only lost whatever they paid for the merchandise that the lady left with. The original question doesn't specify what the merchandise cost was, so there's no way to actually know the exact amount the store lost to the lady's theft.

[RascalArms]

$100. This ain't rocket surgery!

How do you guys get $200???

They got their $100 bill back, so they lost $70 in merchandise and $30 cash.

Yessir, and Randy drops the mic!!

Wait I will edit: Sorry Randy. They are out the $100 that's stolen. There's a $100 bill in the till for the $70 "transaction of merchandise" and the $30 change.

[CoolArrow]

I can't figure out how to sell a stupid 4-wheeler in the classifieds on tbh, and you think I can solve this!
C'mon man!

[KR-oldmexico]

$100. This ain't rocket surgery!

How do you guys get $200???

They got their $100 bill back, so they lost $70 in merchandise and $30 cash.

As far as trying to figure the store's cost of the merchandise, that is irrelevant. Any markup above the cost of the product is opportunity cost that they lost, so...$100 total.

Very true! Good point...

[texansfan]

Yep, the $100 was all that was stolen. Doesn't matter where the $ came from for the "legit" transaction. There's a hundred dollar bill in the till now for that exchange.

Ask the courts in New jersey about Phil Ivey

[jkg2003]

How smart are you ? Riddle me this !

$100

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[Encinal]

The store is out what the lady ended up leaving with.

In the end, she left with $30 cash and the merchandise that had a $70 retail price. The store didn't pay $70 for that merchandise though, so they actually only lost whatever they paid for the merchandise that the lady left with. The original question doesn't specify what the merchandise cost was, so there's no way to actually know the exact amount the store lost to the lady's theft.

No... The store had $100 stolen.

It doesn't matter that the same person purchased murchandise. It was a normal transaction.

It's just $100.

Do the same problem and have ANOTHER person come in with another $100 bill and buy $70 worth of murchandise... How much money was stolen?

It's still $100.