# Thief in Grocery store Riddle

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A guy walks into a store and steals a \$200 bill from the register without the owners knowledge.

He then buys \$150 worth of goods using the \$200 bill and the owner gives \$50 in change.

How much money did the owner lose?

SherlockHolmes Expert Asked on 17th January 2018 in

Explanation-
For the rest of the product he got the money he should have got, so the only loss is the stolen \$200 bill

For                  Expend    He Got      Profit/Loss
Stolen                 \$200           \$0           Loss   \$200
Product Sold      \$150          \$200        Profit  \$50
Return Change .   \$50           \$0           Loss .  \$50
________________________________________
TOTAL                                                LOSS \$200

KABBOROO Curious Answered on 17th January 2018.

\$200

Hankvirat Curious Answered on 18th January 2018.

The cost of the product for the owner needs to be less than \$150, or else this is not a store that makes a profit. \$150 is the retail price  to the buyer, that’s why the change is \$50 when \$200 are paid. Losing the goods represents a cost of less than \$150 for the owner.
The action of first stealing the \$200 and then after a while giving it all back cancel each other. The two transactions are equivalent to the guy just entering the store once and jedi-mind-trick convincing the owner that he’s already paid \$200. He then gets the goods and the \$50 change in exchange for nothing.
So the correct answer is the loss totals \$50+the cost of the product, and not \$200!

michaelshu Starter Answered on 10th May 2020.

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