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jaywonder2022 · 26-30, M
It's $170
Assuming the person stole the money from that store that they do the transactions. And the person who stole the money is broke.
Initially $100 is stollen
Total: - $100
Then the person uses $70 to buy goods. Since the goods are bought with stolen money, these are stolen goods and now their value has to be added.
Total: - $170
Then the guy gets $30 in change. This is an equal exchange process so no money is gained nor loss.
So, the store has loss $170 total.
Assuming the person stole the money from that store that they do the transactions. And the person who stole the money is broke.
Initially $100 is stollen
Total: - $100
Then the person uses $70 to buy goods. Since the goods are bought with stolen money, these are stolen goods and now their value has to be added.
Total: - $170
Then the guy gets $30 in change. This is an equal exchange process so no money is gained nor loss.
So, the store has loss $170 total.
Monster69 · 56-60, M
you didn't specify if they purchasing from the same shop, as they stole from, so it's just an assumption at this stage, you might want to word the question better.
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MonaReeves86 · 36-40, F
@Monster69 how much did the person that owns the store lose
Monster69 · 56-60, M
@MonaReeves86 well i assumed that, but you didn't say, im a stickler for details 😀
Monster69 · 56-60, M
@MonaReeves86 $100 dollars.
robb65 · 56-60, M
Roughly $100, that's assuming the item that was bought for 70 was worth 70.
They took a hundred, traded it back for $30 cash and an item that is presumed to be worth $70, 70+ 30= 100.
They took a hundred, traded it back for $30 cash and an item that is presumed to be worth $70, 70+ 30= 100.
MonaReeves86 · 36-40, F
I said $70 then I said $30