eblc1388
Active Member
The following question appears on a china forum frequented by (or at least would be)programmers and attracted over a hundred responses. At first glance the question looks straight forward but it does not seem to be the case judging from the various answers offered. Here it is:
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According to a gift shop manager, the cost of acquiring a gift for sale, after adding in all his overhead is $18. He is selling it for $21 to make a $3 profit.
One day, a boy went into the shop and bought a gift for $21. He handed the manager a $100 bill for payment. The manager does not have enough change available so he exchanged the $100 bill with next door's keeper for smaller bills and gave the boy $79 back as change.
The boy then left the shop with the gift and the $79 change.
Later his next door keeper reported that the $100 bill from the manager is fake and so the manager had to repay him $100 back from his own cashier.
Question:
How much, in money terms, did the manager lost in this particular transaction?
Answers put forward are $94, $97, $100, $118, $196 and $197.
What's yours?
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According to a gift shop manager, the cost of acquiring a gift for sale, after adding in all his overhead is $18. He is selling it for $21 to make a $3 profit.
One day, a boy went into the shop and bought a gift for $21. He handed the manager a $100 bill for payment. The manager does not have enough change available so he exchanged the $100 bill with next door's keeper for smaller bills and gave the boy $79 back as change.
The boy then left the shop with the gift and the $79 change.
Later his next door keeper reported that the $100 bill from the manager is fake and so the manager had to repay him $100 back from his own cashier.
Question:
How much, in money terms, did the manager lost in this particular transaction?
Answers put forward are $94, $97, $100, $118, $196 and $197.
What's yours?