96 0 - 18 = -18 (Cost of Jacket) -18 + 100 = 82 (Man takes in $100) 82 - 78 = 4 (Man pays 78 out of pocket. He had to borrow $1 to give $79 change, so he only paid $78 out of pocket.) 4 - 100 = -96 (For BS reasons, he has to pay $100 for the buck he borrowed) He loses $96.
I was just playing up the riddle. Your answer is what I guessed earlier before allowing Buck to confuse me.
LOL if this is right I'm going to scream. i just assumed the thread creator mistyped when he wrote one dollars change.
it's ninety-seven. and dookiester explained it the best with that analogy. edit: assuming, because it's the only thing that makes sense, that one dollars change is one hundred dollars change (who is getting 1 dollar in change back for a hundred dollar bill?) and dollars is plural so the hundred was supposed to be there.
Haha. That's what I assumed too. I was puzzled but assumed what most others did too. The way it was written I would've never interpreted it this way.
Your analysis overcounts the $79. If he only got $21 in the first transaction, he doesn't have to pay the $79 back, because there is no change. He only pays that back if he gets $100 in the first transaction, which he does, so that is why he pays back the $79 in change. Either change the first $3 to $82 (the $100 - $18 cost), or get rid of the last -$79. Either way, the answer is -$97
Unless there's still stuff missing. I get a $3 profit. He borrows $100 and give it back, which he'd have to do even if it wasn't counterfeit. So it really boils down to selling an $18 jacket for $21.
Depends on whether the $3 markup is considered a loss since it could have been sold for $21 to someone else. - $18 or $21 Cost or Value + $100 from store next door (kept $21) - $79 change to individual - $100 back to other store owner So its either $97 or $100. I'm still questioning whether it would be $115 or $118.
it is 197 nothing else he off the bat is down 97 (18 in cost plus 79 bucks he gave back to the guy) Then another 100 to the owner since he had to pay him back for the fake. He only loses 97 if he would of had change.
He did not borrow. He thought he was trading a $100 bill for $100 in smaller bills -- an equal exchange.
Owner pays $18 cost for jacket -18 Young man gives owner $100 -18 + 100 = 82 Owner borrows $100 from neighbor 82 + 100 = 182 He gives $79 change to the young man 182 - 79 = 103 Bill is counterfeit, he has $100 less than he thought. 103 - 100 = 3 He still has to shell out another $100 to the neighbor 3 - 100 = -97
