A logic question for you (math related).. straightforward - GoFuckYourself.com

Myst · 02-01-2007, 03:24 AM

John buys a set of speakers for $20 from a garage sale. Realizing that the speakers were not exactly what he wanted, he resells the speakers to Mike for $10. John has known Mike for a long time, and has developed some trust with him. Mike tells John that he does not have the money at the moment but will pay him the $10 at a later date, but he needs the speakers right now. John lets him take the speakers. Mike however never pays the $10 owed.

How much did John lose in these transactions?

baddog · 02-01-2007, 03:27 AM

Lose? If he can lose Mike for a set of $20 speakers, I think he has profited.

Jakke PNG · 02-01-2007, 03:27 AM

He just bought the speakers to Mike as a gift. That's all he lost.

uno · 02-01-2007, 03:29 AM

How can one measure the value of trust in another individual?

I agree with baddog.

Myst · 02-01-2007, 03:42 AM

I should have been more clear. I mean capital losses. Mike and John are not friends per se, but Mike did trust John at the time.

Jakke PNG · 02-01-2007, 03:48 AM

My answer still stands.

Furious_Female · 02-01-2007, 03:50 AM

$30

.......

uno · 02-01-2007, 03:52 AM

Quote:

Originally Posted by Myst

I should have been more clear. I mean capital losses. Mike and John are not friends per se, but Mike did trust John at the time.

Why would it matter if Mike trusted John? John's the one that got shafted.

ADL Colin · 02-01-2007, 03:53 AM

Known assets at beginning of story. $20
Known assets at end of story $0
Loss = $20

He both gained and lost the speakers. It is a wash.

bonkerz2007 · 02-01-2007, 03:57 AM

Who cares what John has....what Mike should have gotten is an ass whipping

Myst · 02-01-2007, 03:59 AM

John is convinced he lost $20. That is the amount of money he took out of his pocket, that is all that belonged to him that he lost.

Johns wife is convinced he lost $30. He lost the $20 in buying the TV (John had believed the TV was worth $20 at the time) and $10 later (John attributed a value of $10 to the TV later that he lost)

Johns brother thinks he lost $40. $20 originally, $10 in the worth of the TV, $10 that was not paid to him.

ADL Colin · 02-01-2007, 04:00 AM

Depends on your definition of lost though. Net loss or "gains and losses"

uno · 02-01-2007, 04:02 AM

Quote:

Originally Posted by Myst

John is convinced he lost $20. That is the amount of money he took out of his pocket, that is all that belonged to him that he lost.

Johns wife is convinced he lost $30. He lost the $20 in buying the TV (John had believed the TV was worth $20 at the time) and $10 later (John attributed a value of $10 to the TV later that he lost)

Johns brother thinks he lost $40. $20 originally, $10 in the worth of the TV, $10 that was not paid to him.

Now its a damn TV?

ADL Colin · 02-01-2007, 04:02 AM

Quote:

Originally Posted by Myst

John is convinced he lost $20. That is the amount of money he took out of his pocket, that is all that belonged to him that he lost.

Johns wife is convinced he lost $30. He lost the $20 in buying the TV (John had believed the TV was worth $20 at the time) and $10 later (John attributed a value of $10 to the TV later that he lost)

Johns brother thinks he lost $40. $20 originally, $10 in the worth of the TV, $10 that was not paid to him.

There was no damned TV. You've LOST your mind,

Myst · 02-01-2007, 04:03 AM

John is convinced he lost $20. That is the amount of money he took out of his pocket, that is all that belonged to him that he lost.

Johns wife is convinced he lost $30. He lost the $20 in buying the speakers (John had believed the speakers was worth $20 at the time) and $10 later (John attributed a value of $10 to the speakers later that he lost)

Johns brother thinks he lost $40. $20 originally, $10 in the worth of the speakers, $10 that was not paid to him.

Edit: can you tell its 4am? lol

Chio · 02-01-2007, 04:04 AM

Quote:

Originally Posted by ADL Colin

There was no damned TV. You've LOST your mind,

Maybe he forgot to change the text from the site he pulled it from?

Myst · 02-01-2007, 04:18 AM

There is a fourth possibility.
John lost $10. The first transaction was a transaction where John valued the speakers as $20, there was no net gain/loss in this transaction. John devalued the speakers to $10 a little while later, and thats what he lost.

Let me know what you guys think.. Im gonna hit the sack lol

notabook · 02-01-2007, 04:18 AM

Those must be some pretty fucking awful speakers to only cost $20.

Myst · 02-01-2007, 04:24 AM

Quote:

Originally Posted by notabook

Those must be some pretty fucking awful speakers to only cost $20.

they were

biskoppen · 02-01-2007, 04:28 AM

Why did he buy that pair of pants to begin with?

uno · 02-01-2007, 04:29 AM

Quote:

Originally Posted by notabook

Those must be some pretty fucking awful speakers to only cost $20.

Or a really shitty TV.

Myst · 02-01-2007, 04:32 AM

leming · 02-01-2007, 04:35 AM

Lol

$30

Myst · 02-01-2007, 04:53 AM

Quote:

Originally Posted by leming

Lol

$30

oooh our 2nd $30 answer

PS there is an answer to this question. I wont say whether or not its been posted yet =)

thats 2 for $30 and 1 for $20

uno · 02-01-2007, 05:18 AM

How do you expect us to get the answer right when you keep getting the question wrong?

markz08 · 02-01-2007, 05:40 AM

$30 think... anyway, are you John?

Narfle · 02-01-2007, 06:52 AM

He lost 20.

The 10 he was about to get back from re-selling was an attempt to regain 10 from his 20 loss.

Seeing as he never regained the 10, he lost the full amount of 20.

Financially, its not possible for him to lose more than 20, since that is the maximum of his total expenses related to this case.

Just because he was about to cut his losses in half by re-selling and didnt get his money from it doesnt mean he lost *extra* money, just means he lost the full amount.

sumphatpimp · 02-01-2007, 07:21 AM

the speakers were "hot".
John went to prison for recieving stolen property.
the rest of that crap is just their to distract you.

selena · 02-01-2007, 07:34 AM

I think he lost $30.

But math is not my strong suit, so wtf do I know.

02-01-2007, 03:24 AM	#1
Myst Confirmed User Join Date: Feb 2004 Location: Alberta, Canada Posts: 4,707	A logic question for you (math related).. straightforward John buys a set of speakers for $20 from a garage sale. Realizing that the speakers were not exactly what he wanted, he resells the speakers to Mike for $10. John has known Mike for a long time, and has developed some trust with him. Mike tells John that he does not have the money at the moment but will pay him the $10 at a later date, but he needs the speakers right now. John lets him take the speakers. Mike however never pays the $10 owed. How much did John lose in these transactions? __________________ ICQ: 298-523-037 Last edited by Myst; 02-01-2007 at 03:25 AM..

02-01-2007, 03:27 AM	#3
Jakke PNG ex-TeenGodFather Industry Role: Join Date: Nov 2001 Location: Suomi Finland Perkele Posts: 20,306	He just bought the speakers to Mike as a gift. That's all he lost. __________________ ..and I'm off.

02-01-2007, 03:29 AM	#4
uno RIP Dodger. BEST.CAT.EVER Industry Role: Join Date: Dec 2002 Location: NYC Area Posts: 18,450	How can one measure the value of trust in another individual? I agree with baddog. __________________ -uno icq: 111-914 CrazyBabe.com - porn art MojoHost - For all your hosting needs, present and future. Tell them I sent ya! Last edited by uno; 02-01-2007 at 03:30 AM..

02-01-2007, 03:42 AM	#5
Myst Confirmed User Join Date: Feb 2004 Location: Alberta, Canada Posts: 4,707	I should have been more clear. I mean capital losses. Mike and John are not friends per se, but Mike did trust John at the time. __________________ ICQ: 298-523-037

02-01-2007, 03:48 AM	#6
Jakke PNG ex-TeenGodFather Industry Role: Join Date: Nov 2001 Location: Suomi Finland Perkele Posts: 20,306	My answer still stands. __________________ ..and I'm off.

02-01-2007, 03:27 AM	#2
baddog So Fucking Banned Industry Role: Join Date: Apr 2001 Location: the beach, SoCal Posts: 107,089	Lose? If he can lose Mike for a set of $20 speakers, I think he has profited.

02-01-2007, 03:50 AM	#7
Furious_Female Confirmed User Industry Role: Join Date: Oct 2002 Location: Upstate, New York Posts: 8,187	$30 ....... __________________ Skype: j3nn.com ICQ 160370494 My current favorite high-converting sponsor: CrakRevenue

02-01-2007, 03:53 AM	#9
ADL Colin Too lazy to set a custom title Join Date: Feb 2001 Location: Tube Titans, USA Posts: 11,929	Known assets at beginning of story. $20 Known assets at end of story $0 Loss = $20 He both gained and lost the speakers. It is a wash. __________________ Adult Date Link - $50 PPS starting NOW! -- good and JUICY! skype = "adultdatelink"

02-01-2007, 03:57 AM	#10
bonkerz2007 Confirmed User Join Date: Sep 2005 Posts: 794	Who cares what John has....what Mike should have gotten is an ass whipping

02-01-2007, 03:59 AM	#11
Myst Confirmed User Join Date: Feb 2004 Location: Alberta, Canada Posts: 4,707	John is convinced he lost $20. That is the amount of money he took out of his pocket, that is all that belonged to him that he lost. Johns wife is convinced he lost $30. He lost the $20 in buying the TV (John had believed the TV was worth $20 at the time) and $10 later (John attributed a value of $10 to the TV later that he lost) Johns brother thinks he lost $40. $20 originally, $10 in the worth of the TV, $10 that was not paid to him. __________________ ICQ: 298-523-037

02-01-2007, 04:00 AM	#12
ADL Colin Too lazy to set a custom title Join Date: Feb 2001 Location: Tube Titans, USA Posts: 11,929	Depends on your definition of lost though. Net loss or "gains and losses" __________________ Adult Date Link - $50 PPS starting NOW! -- good and JUICY! skype = "adultdatelink"

02-01-2007, 04:03 AM	#15
Myst Confirmed User Join Date: Feb 2004 Location: Alberta, Canada Posts: 4,707	John is convinced he lost $20. That is the amount of money he took out of his pocket, that is all that belonged to him that he lost. Johns wife is convinced he lost $30. He lost the $20 in buying the speakers (John had believed the speakers was worth $20 at the time) and $10 later (John attributed a value of $10 to the speakers later that he lost) Johns brother thinks he lost $40. $20 originally, $10 in the worth of the speakers, $10 that was not paid to him. Edit: can you tell its 4am? lol __________________ ICQ: 298-523-037

02-01-2007, 04:18 AM	#17
Myst Confirmed User Join Date: Feb 2004 Location: Alberta, Canada Posts: 4,707	There is a fourth possibility. John lost $10. The first transaction was a transaction where John valued the speakers as $20, there was no net gain/loss in this transaction. John devalued the speakers to $10 a little while later, and thats what he lost. Let me know what you guys think.. Im gonna hit the sack lol __________________ ICQ: 298-523-037

02-01-2007, 04:18 AM	#18
notabook Confirmed User Join Date: Apr 2006 Location: Not a Library! Posts: 9,748	Those must be some pretty fucking awful speakers to only cost $20. __________________

02-01-2007, 04:28 AM	#20
biskoppen Confirmed User Join Date: Mar 2003 Location: Very small penis Posts: 5,809	Why did he buy that pair of pants to begin with? __________________ Submit my videos to make bank, tons of 5 minute videos offered right here

02-01-2007, 04:32 AM	#22
Myst Confirmed User Join Date: Feb 2004 Location: Alberta, Canada Posts: 4,707	__________________ ICQ: 298-523-037

02-01-2007, 04:35 AM	#23
leming ★ CONFIRMED DESIGNER ★ Industry Role: Join Date: Apr 2003 Posts: 1,818	Lol $30 __________________ DESIGN ★ BANNERS ★ LOGOS ★ 3D ★ VIDEO-EDITING Portfolio \| Telegram \| E-mail \| Skype:leming_

02-01-2007, 05:18 AM	#25
uno RIP Dodger. BEST.CAT.EVER Industry Role: Join Date: Dec 2002 Location: NYC Area Posts: 18,450	How do you expect us to get the answer right when you keep getting the question wrong? __________________ -uno icq: 111-914 CrazyBabe.com - porn art MojoHost - For all your hosting needs, present and future. Tell them I sent ya!

02-01-2007, 05:40 AM	#26
markz08 Confirmed User Join Date: Jan 2007 Posts: 735	$30 think... anyway, are you John? __________________ Sextoys - Sex Toy Store - Sextoys by the thousands at this awesome sex toy store. Find everything you're looking for. Sexy Girls in Panties

02-01-2007, 06:52 AM	#27
Narfle Confirmed User Join Date: Dec 2006 Posts: 193	He lost 20. The 10 he was about to get back from re-selling was an attempt to regain 10 from his 20 loss. Seeing as he never regained the 10, he lost the full amount of 20. Financially, its not possible for him to lose more than 20, since that is the maximum of his total expenses related to this case. Just because he was about to cut his losses in half by re-selling and didnt get his money from it doesnt mean he lost extra money, just means he lost the full amount.

02-01-2007, 07:21 AM	#28
sumphatpimp Confirmed User Join Date: Aug 2002 Posts: 5,235	the speakers were "hot". John went to prison for recieving stolen property. the rest of that crap is just their to distract you.

02-01-2007, 07:34 AM	#29
selena Confirmed User Join Date: Aug 2004 Location: On The Edge Posts: 7,994	I think he lost $30. But math is not my strong suit, so wtf do I know. __________________ ~ Doer of Things at MetArtMoney Where Flawless Beauty Meets Art ~The MetArt Network ~ selena.delgado9