chesebert
18 Years An Extra-Hardcore Head-Fi'er
- Joined
- May 17, 2004
- Posts
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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
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
EDIT: Please make a note that you are a headphone dealer (say headroom for example) not a individual seller. I hope the hint helps.
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

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

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