ok lets do it like this, you have $0 right now, someone comes in and wants to buy a bag of weed off you for $19, but you dont have any and you can get it from a friend for $14, you take his 100, go to your buddies and give him the 100, he gives you $86 in change and the bag of tree, you put $5 of that in your pocket because you said it was 19 to the customer and give him the bag and $81 in change leaving you with $5, your boy calls you and says hey, that bill is fake you owe me $100, you have to go back to him and give him $100.... then minus the $5 that is in your pocket, you are out $95
i change my answer... it is $95 lol hahaha:aktion033
i change my answer... it is $95 lol hahaha:aktion033
It's $95.
You guys are counting the same $100 twice.
Let's say the clerk starts off with $0 in his register.
He then gets $100 in exchange for the fake hundred from his neighbour.
He now has $100 (real money) in his register.
Gives $81 as change, now has $19 in his register.
Finds out the bill is counterfeit, must repay his neighbour $100.
He takes the $19 from his register for his neighbour. $14 of that is a sunk cost at this point.
He must now get $81 from his wallet to pay the neighbour.
So.....
He uses $81 of his own money to pay back the neighbour.
He loses $14 on the conned sale of the DVD.
$81 + $14 = $95.
Everyone saying $195 is counting the counterfeit money twice. It is only accounted for once.
You guys are counting the same $100 twice.
Let's say the clerk starts off with $0 in his register.
He then gets $100 in exchange for the fake hundred from his neighbour.
He now has $100 (real money) in his register.
Gives $81 as change, now has $19 in his register.
Finds out the bill is counterfeit, must repay his neighbour $100.
He takes the $19 from his register for his neighbour. $14 of that is a sunk cost at this point.
He must now get $81 from his wallet to pay the neighbour.
So.....
He uses $81 of his own money to pay back the neighbour.
He loses $14 on the conned sale of the DVD.
$81 + $14 = $95.
Everyone saying $195 is counting the counterfeit money twice. It is only accounted for once.
Lost $95
Treat it as 2 transactions. 1. Guy makes $5 on the sale of the DVD. (He doesn't lose $81 in change, that amount was never his to begin with, it is change, so how can that be his loss?) 2. He then has to pay back the $100 on account of the bill being counterfeit. +5 -100=-95
Treat it as 2 transactions. 1. Guy makes $5 on the sale of the DVD. (He doesn't lose $81 in change, that amount was never his to begin with, it is change, so how can that be his loss?) 2. He then has to pay back the $100 on account of the bill being counterfeit. +5 -100=-95
$81
The fact that the DVD costs the store owner 14 dollars does not imply that the DVD poses any value. It could be worth nothing meaning the store owner loses $14 dollars whenever he buys that DVD. The question is not "what are the losses?" but "how much money he had the store owner lost?" Otherwise the answer would be $81 AND DVD but still not $95 since DVD value is not defined.
The fact that the DVD costs the store owner 14 dollars does not imply that the DVD poses any value. It could be worth nothing meaning the store owner loses $14 dollars whenever he buys that DVD. The question is not "what are the losses?" but "how much money he had the store owner lost?" Otherwise the answer would be $81 AND DVD but still not $95 since DVD value is not defined.
you're retarded dude, so is everyone else getting 195
he gives the customer $81 of the neighbors money......that fake $100 is gone and cant be counted because it was never real in the first place
he borrows $100, gives 81 of it to the customer.......all he has to do is replace that 81 and give it back to the neighbor, he still has 19 of it left
so he gives back the 19, plus 81 of HIS OWN money.....down $81 at this point......add the fact that he lost the DVD worth 14 and you get 95
he doesn't lose any of his own money anywhere else.....you cant count the 81 of his neighbors money he gives to the customer because he replaces that by giving it back to the neighbor.....all he did was lose his DVD and repay the neighbor
14 to replace the DVD, 81 to repay the neighbor = 95 dollars
The market value of the DVD is irrelevant. If he paid $14 for the product, and gave it away (which is effectively what he did) he is out $14 since the product is gone and he can't sell it at any price to anyone. Were it not for 'this transaction' (which is what the OP is asking us to solve for) the store owner could have sold it at the market price. Because of this transaction, he cannot do that, and so is out $14 regardless of what price the market may or may not have paid.
You can also solve this problem by pretending that the transaction with the neighbour never took place.
If the clerk already had 100 real dollars in his register and gave the con artist $81 in change plus a $14 DVD, he suffers a $95 loss.
That the neighbour is involved is just a trick to get you to account for the counterfeit money twice.
If the clerk already had 100 real dollars in his register and gave the con artist $81 in change plus a $14 DVD, he suffers a $95 loss.
That the neighbour is involved is just a trick to get you to account for the counterfeit money twice.
