Jubei
Headphoneus Supremus
- Joined
- Jul 27, 2004
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I don't get this. Maybe that's why I sucked at maths.

Originally Posted by JahJahBinks That reminds me this problem: Three people decide to stay at a hotel at a rate of $100 per night, so they paid $300 total. The next day hotel owner realized he made a mistake on the price and returned $50 to them. However guy working at the counter only returned $30 to them, and put the rest $20 in his own pocket. So now each of the three people got $10 back, which means each only paid $90, total $270. But when you add that money to the $20 they suppose to get too, that's only $290, where is the missing $10? |
Originally Posted by chesebert This is what I replied in my PM to Zenith "The answer is $100 $90 from the loss (substantive loss) $10 from loss by lost profit (lost volume doctrine, since the headphone shop has an infinite supply of headphones if he sold the headphone to anyone else he would have made $10). You may also call this opportunity cost, but its really lost profit or lost volume to be precise. " |
Originally Posted by m_memmory 2nd attempt then... Basically your neighbour has given you $100 and you've given her $100 so that evens out. The customer has basically taken the headphone (that you brought for $80) and $10 as well. So either your down $90 (the $80 for the headphone plus their $10 "change") Or maybe $100 (the $90 you were selling it for plus their $10 "change") Or maybe (as a headphone dealer) you totally write off the costs of the headphone in amongst normal day to day running costs so your only $10 out of pocket. Or (alternatively) your not down anything as you've got the $100 "fake" and you can claim the actual cash back from somewhere or other ??? |
Originally Posted by JahJahBinks That reminds me this problem: Three people decide to stay at a hotel at a rate of $100 per night, so they paid $300 total. The next day hotel owner realized he made a mistake on the price and returned $50 to them. However guy working at the counter only returned $30 to them, and put the rest $20 in his own pocket. So now each of the three people got $10 back, which means each only paid $90, total $270. But when you add that money to the $20 they suppose to get too, that's only $290, where is the missing $10? Problems like this one and the one stated in this thread have made great interview questions |
Originally Posted by JahJahBinks That reminds me this problem: Three people decide to stay at a hotel at a rate of $100 per night, so they paid $300 total. The next day hotel owner realized he made a mistake on the price and returned $50 to them. However guy working at the counter only returned $30 to them, and put the rest $20 in his own pocket. So now each of the three people got $10 back, which means each only paid $90, total $270. But when you add that money to the $20 they suppose to get too, that's only $290, where is the missing $10? Problems like this one and the one stated in this thread have made great interview questions |
Originally Posted by JahJahBinks That reminds me this problem: Three people decide to stay at a hotel at a rate of $100 per night, so they paid $300 total. The next day hotel owner realized he made a mistake on the price and returned $50 to them. However guy working at the counter only returned $30 to them, and put the rest $20 in his own pocket. So now each of the three people got $10 back, which means each only paid $90, total $270. But when you add that money to the $20 they suppose to get too, that's only $290, where is the missing $10? Problems like this one and the one stated in this thread have made great interview questions |
Originally Posted by JahJahBinks Three people decide to stay at a hotel at a rate of $100 per night, so they paid $300 total. The next day hotel owner realized he made a mistake on the price and returned $50 to them. However guy working at the counter only returned $30 to them, and put the rest $20 in his own pocket. So now each of the three people got $10 back, which means each only paid $90, total $270. But when you add that money to the $20 they suppose to get too, that's only $290, where is the missing $10? |
Originally Posted by Kirosia why is 6 afraid of 7? [size=xx-small]if you don't know this, then you musta been livin' under a rock[/size] |
Because seven wears black with brown, overalls, dock martins, or skinny pants when he/she is not skinny at all. |
Originally Posted by Kirosia why is 6 afraid of 7? |