If someone, stole $100 from the cash register, and spent $70 and gets $30 in change how much did the person that owns the store lose
Explain why please
36-40, F
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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.