of $19.99. He managed to sell 100 bottles at wrong price in just one hour, before he discovered his mistake. When he went to correct his mistake he discovered, that out of 100 bottles that should be there, only 90 remaining, the rest were shoplifted.
What is combined loss of the merchant?
2007-11-12 09:16:52 · 10 answers · asked by Alexander 6 in Science & Mathematics ➔ Mathematics
combined loss:
100 (19.99-1.99) + 10 * 19.99 = $1999.9
2007-11-12 09:21:24 · answer #1 · answered by tinhnghichtlmt 3 · 2⤊ 0⤋
OK
The loss can only be measured by what he originally paid for the bottles to begin with.
The OPPORTUNITY loss is the 1800 he lost for selling them for 1.99 instead of 19.99. But if he originally paid less than $19.99 - he is not out $1800 - but out his cost less the 1.99 he got for them.
As for the shoplifted bottles - again - it his unit price he paid times the number of bottles stolen (10) that he is out.
Sorry for the vauge answer - but his true loss is dependent upon what he paid for the original shipment.
Hope that helps.
2007-11-12 09:43:15 · answer #2 · answered by pyz01 7 · 1⤊ 0⤋
Everyone seems to agree and have the right answer.
But the merchant's only loss is what he paid for minus the bottles he sold at 1.99.
You can not lose what you don't have!
So he lost the money he paid for the shipment minus what he sold.
2007-11-12 09:34:04 · answer #3 · answered by Yahoo! 5 · 2⤊ 0⤋
Sold 100 * 1.99 = 199
instead of 19.99 * 100 = 1999
Lost profit 1999 - 199 = 1800
10 more that he would have sold if not stolen at 19.99 each
10 * 19.99 = 199.9
total loss 199.9 + 1800 = $1999.90
2007-11-12 09:22:15 · answer #4 · answered by petep73 3 · 1⤊ 0⤋
100 were sold at a loss of 18 dollars each for a total of $1800, of the 10 that were shoplifted, he lost whatever he paid for them.
2007-11-12 09:23:19 · answer #5 · answered by Paladin 7 · 0⤊ 0⤋
$19.99 - $1.99 = $18.00 per mispriced bottle
100 x $18 = $1800 in mispriced bottles
10 x $19.99 = $199.90 in shoplifted bottles
$1800 + $199.90 = $1999.90
2007-11-12 09:25:31 · answer #6 · answered by aaron m 1 · 0⤊ 0⤋
200*19.99=$3998 (total)
100*1.99=$199
10*19.99=$199.9
loss = (100*19.99)-199=$1800
loss = 10*19.99 =$199.9
net loss = $1999.9
2007-11-12 09:22:47 · answer #7 · answered by Anonymous · 0⤊ 0⤋
His loss is 110 bottles - $199.
2007-11-13 02:04:33 · answer #8 · answered by kirchwey 7 · 0⤊ 0⤋
$1800 loss on the error, and $199.90 loss on the 10 shoplifted
2007-11-12 09:24:18 · answer #9 · answered by mom 7 · 0⤊ 0⤋
Don't punish yourself. Think of it like this. The gardening tool a prostitute uses is a ho hoe and it's always better to get the whole hole instead of only half a hole. Accidents happen. :)
2016-05-29 09:37:12 · answer #10 · answered by Anonymous · 0⤊ 0⤋