A LADY STEALS $100

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A Lady Steals $100

How smart are you?.....A lady walks in the store and steals $100 bill from the register without the owners knowledge. She comes back 5 mins later and buys $70 worth of goods with the $100 bill. The owner gives her $30 in change, how much did the owner lose????

A. $30
B. 70
C. $100
D. $130
E. $170
F. $200
DO NOT OVER THINK IT!
How smart are you?.....A lady walks in the store and steals $100 bill from the register without the owners knowledge. She comes back 5 mins later and buys $70 worth of goods with the $100 bill. The owner gives her $30 in change, how much did the owner lose????

A. $30
B. 70
C. $100
D. $130
E. $170
F. $200
DO NOT OVER THINK IT!
Hint:
The best answer from the choices is the owner lost $100. The $100 bill that was stolen was then given back to the owner. What the owner loses is the $70 worth of goods and the $30 in change, which makes for a total of $70 + $30 = $100. The owner has lost $100.

Technically, the owner lost $30 plus the value, V, of the $70 of goods. Since stores typically sell goods at a markup, the value may be less than $70. But in the case of a loss leader, the owner may have lost more than $70.
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