Solve this simple math problem (you may not get it right :D)

Nov 14, 2006 at 6:58 PM Thread Starter Post #1 of 159

chesebert

18 Years An Extra-Hardcore Head-Fi'er
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You are a headphone seller.
You bought a headphone for $80 and plans to sell it for $90
A customer bought the headphone, and gave you $100.
You don't have any changes so you went to the neighbor store to change $100 for 20s and 10s
You gave $10 change to the customer.
Later that day, the neighbor told you that the $100 you gave them was fake, so you gave them another $100.

How much are you in the red? (please give a short explanation)

HAVE FUN
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NOTE: the $100 you gave the neighbor store to get changes was the $100 you received from the customer. Seems like some one was confused about this. (I thought this wasn't an issue as its a general practice
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EDIT: Please make a note that you are a headphone dealer (say headroom for example) not a individual seller. I hope the hint helps.
 
Nov 14, 2006 at 7:06 PM Post #3 of 159
$190?
 
Nov 14, 2006 at 7:21 PM Post #6 of 159
$190 is what I think too.
 
Nov 14, 2006 at 7:27 PM Post #8 of 159
Down $80 for original purchase (but have headphones in hand worth $80 at least). So even really.

Want to sell for $90 (a plus of $10) but instead gets $100 (a plus of $20) yet required to give $10 in change (a minus of $10). At this point one is still up $10 theoretically until one finds out the $100 given was fake, thereby requiring a new loss $100, so total cash loss is $110, but the phones aren't around either...meaning $80 worth of phones are missing. $190 total out of pocket loss. Hard day dealing on the street, thanks for playing!

EDIT: I miscalculated the amount returned from the store clerk, so my answer is $90, though after discussing with the OP, and knowing the real one now, I am still wrong, but I would fight it out that $90 is more correct mathematically than the actual answer.
 
Nov 14, 2006 at 7:29 PM Post #9 of 159
haven't seen a correct answer yet
smily_headphones1.gif
mwahahaha

keep on guessing. There is a right answer of course.
 
Nov 14, 2006 at 7:33 PM Post #11 of 159
If the hundred bucks the customer gave you was fake, couldn't just go kick his ass and take the headphones back? Hell, jack his wallet too, person needs to learn a lesson.
 
Nov 14, 2006 at 7:38 PM Post #14 of 159
Quote:

Originally Posted by chesebert
Later that day, the neighbor told you that the $100 you gave them was fake, so you gave them another $100.

How much are you in the red?

HAVE FUN
600smile.gif


EDIT: Please make a note that you are a headphone dealer (say headroom for example) not a individual seller. I hope the hint helps.



so did you get the original 100 back in exchange for the new 100? did you know it was fake hence not counting it as part of the money?
 
Nov 14, 2006 at 7:41 PM Post #15 of 159
Meh, my brain farted today and I missed the obvious. Went back for a second go, confirmed with a colleague and then confirmed chesebert. The answer is out there. But it sure ain't $190
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