Confusing question

The till is £100 down. The business is £30+ the trade cost of the items bought for £70. That is less than £100.

In what way is it down the items? It is completely irrelevant, and assumes the shop trades nothing else with nobody else. And even if it did, it would still be £100 down. It would be £100 down if it traded £70,000 worth of goods or 70p.
 
The till is £100 down. The business is £30+ the trade cost of the items bought for £70. That is less than £100.
Not if the trade cost of the items is £70. Maybe they were selling them at cost to clear stock. We can only work with the figures provided and so £100 is the only answer.
 
In what way is it down the items? It is completely irrelevant, and assumes the shop trades nothing else with nobody else. And even if it did, it would still be £100 down. It would be £100 down if it traded £70,000 worth of goods or 70p.
£70 is back in the till and £70rrp have been bought with it.

Therefore the till has £30 missing from it plus the £70 of goods (which the shop will have bought for much less, unless they want to go out of business.)

so, say the goods were bought at £35 and sold at £70, the company is down the £30 in the till, plus the £35 they paid for the goods =£65.

If you owned a company, would you rather have £100 stolen or £100 of RRP stock stolen?
 
Not if the trade cost of the items is £70. Maybe they were selling them at cost to clear stock. We can only work with the figures provided and so £100 is the only answer.
That is the only scenario where the answer can be £100.

If you assume the shop is selling at trade price, it doesn’t really matter as they’ll go bust pretty soon.
 
£70 is back in the till and £70rrp have been bought with it.

Therefore the till has £30 missing from it plus the £70 of goods (which the shop will have bought for much less, unless they want to go out of business.)

so, say the goods were bought at £35 and sold at £70, the company is down the £30 in the till, plus the £35 they paid for the goods =£65.

If you owned a company, would you rather have £100 stolen or £100 of RRP stock stolen?
£70 is not 'back' in the till. The two are completely separate things.

So the rest, while sensible, is not relevant.
 
He didn't steal £70 worth of goods. The goods are all accounted for, in regular sales. The cash is not. They are £100 down, regardless of how much or little they sell in goods or at how big a margin.
Incorrect, when a stocktake is undertaken goods are valued at their purchase price not the sales price so it’s £30 plus SAV. The goods on the shelf are not guaranteed sales for various reasons and could even be written off completely.
 

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