SOLUTION: You are a shopkeeper, a man comes in and steals $50 without your attention. The man then comes back and buys $40 worth of merchandise, abd gets $10 in change. How much did you lose

Algebra ->  Percentage-and-ratio-word-problems -> SOLUTION: You are a shopkeeper, a man comes in and steals $50 without your attention. The man then comes back and buys $40 worth of merchandise, abd gets $10 in change. How much did you lose      Log On


   

Question 974133: You are a shopkeeper, a man comes in and steals $50 without your attention. The man then comes back and buys $40 worth of merchandise, abd gets $10 in change. How much did you lose?
Answer by josgarithmetic(39630) About Me  (Show Source):
You can put this solution on YOUR website!
EDIT: I do not agree any longer with what I first posted as the solution. Refer to this solution posting instead:


http://www.algebra.com/algebra/homework/Percentage-and-ratio-word-problems/Percentage-and-ratio-word-problems.faq.question.974570.html


-------------------Earlier posting I believe to be wrong:
Taking of $50 in merchandise: You lost $50.
Man BUYS $40 of merchandise, meaning gave you at least $40: If you gave $10 back to him, he must have paid with a $50 Bill. No other reason you would give him $10. You lost TEN DOLLARS.