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Sparx

Cheeky Fucknugget
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YAWN


5 mins of dick swinging to watch a RR11 use Charge IP Purge Battler ML abilities and kite away and use firstaid 2



just to beat a rr6 armsman......

epic fail at life


Exactly my thoughts too, i didnt watch that and think oh he's good, i though oh my he had to use so many toys there, if he hadnt he would have been done for
 

gohan

I am a FH squatter
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rage letter to mensa after an American didnt get in

2. A man bought a horse for £20 and gave in payment a cheque for £30. The horsedealer persuaded a shopkeeper to change the cheque for him, and the buyer, having received his £10 change, rode off on the horse and was not seen again. Later the cheque was found to be valueless, and the horsedealer had to refund the shopkeeper the amount he had received. The horsedealer had himself bought the horse for £10. How much did the horsedealer lose altogether?

(1) Nothing. (2) £20. (3) £10. (4) £30. (5) £40.

It is not made clear at all what "How much did the horsedealer lose altogether?" specifically means. It could be taken as meaning,

"How much did the horsedealer lose altogether in cash?"

or it could mean

"How much did the horsedealer lose altogether in cash and lost profits?"

or it could mean

"How much did the horsedealer lose altogether in cash and lost profits and horses?"

If the question is how much altogether in cash, then the answer is that he lost £40, consisting of the £10 in change that he paid to the thief plus the £30 he refunded to the shopkeeper.

If the question is how much he lost altogether in cash and lost profits, then the answer is the same £40 from the interpretation above plus another £10 for the profit he lost on the sale, for a total of £50, since he bought the horse for £10 and would have sold it for £20. Notice that this legitimate answer, of £50, is not even offered as one of the possible answers.

If the question is how much he lost altogether in cash and lost profits and horses, then the answer is the same £50 from the interpretation above plus another £10 for the loss of the horse itself, for a total of £60, since the horsedealer now has an inventory deficiency of paid-for horses to the tune of one £10 horse. Notice that this legitimate answer, of £60, is also not even offered as one of the possible answers.

I answered £40 because that is the largest amount you offer as a possible answer, but I object to the wording of the question. And if the correct answer is indeed £40, how do you or the test writer respond to my arguments for £50 and £60 as answers?






.... i made the answer £20.....


he paid £10 for the horse, he gave £10 cash to the thief

the rest is semantics but the guy is an idiot cos he keep dupilacating the costs

i see his point, because + profit would make it £30 lost

as £30 is the value of the chq


where he got 40 50 or 60 from is beyod me
 

Ormorof

FH is my second home
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Dec 22, 2003
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9,891
rage letter to mensa after an American didnt get in

2. A man bought a horse for £20 and gave in payment a cheque for £30. The horsedealer persuaded a shopkeeper to change the cheque for him, and the buyer, having received his £10 change, rode off on the horse and was not seen again. Later the cheque was found to be valueless, and the horsedealer had to refund the shopkeeper the amount he had received. The horsedealer had himself bought the horse for £10. How much did the horsedealer lose altogether?

(1) Nothing. (2) £20. (3) £10. (4) £30. (5) £40.

It is not made clear at all what "How much did the horsedealer lose altogether?" specifically means. It could be taken as meaning,

"How much did the horsedealer lose altogether in cash?"

or it could mean

"How much did the horsedealer lose altogether in cash and lost profits?"

or it could mean

"How much did the horsedealer lose altogether in cash and lost profits and horses?"

If the question is how much altogether in cash, then the answer is that he lost £40, consisting of the £10 in change that he paid to the thief plus the £30 he refunded to the shopkeeper.

If the question is how much he lost altogether in cash and lost profits, then the answer is the same £40 from the interpretation above plus another £10 for the profit he lost on the sale, for a total of £50, since he bought the horse for £10 and would have sold it for £20. Notice that this legitimate answer, of £50, is not even offered as one of the possible answers.

If the question is how much he lost altogether in cash and lost profits and horses, then the answer is the same £50 from the interpretation above plus another £10 for the loss of the horse itself, for a total of £60, since the horsedealer now has an inventory deficiency of paid-for horses to the tune of one £10 horse. Notice that this legitimate answer, of £60, is also not even offered as one of the possible answers.

I answered £40 because that is the largest amount you offer as a possible answer, but I object to the wording of the question. And if the correct answer is indeed £40, how do you or the test writer respond to my arguments for £50 and £60 as answers?






.... i made the answer £20.....


he paid £10 for the horse, he gave £10 cash to the thief

the rest is semantics but the guy is an idiot cos he keep dupilacating the costs

i see his point, because + profit would make it £30 lost

as £30 is the value of the chq


where he got 40 50 or 60 from is beyod me

well even discounting the£10 for the horse, he had to refund the shopkeeper £30 so i dont get how that is just semantics and the answer only £20?

he has a point, income = 0 as the cheque was valueless, expenses was: 10 (horse) + 10 (change given to guy for nothing) + 30 (refund to shopkeeper)

so £50? or am i missing something?
 

old.Tohtori

FH is my second home
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Yeap, 50 seems right.

30 for cheque, 10 for lost horse and 10 for the thief.

But ti's mensa so surely they couldn't f*ck up the answers, which means the 50 is wrong :eek7:

Oh right below poked my brain that he basically had to give only 10 back to the shopkeep as he had 20 of the 30 already.

Yeah it's 20.
 

gohan

I am a FH squatter
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Messages
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well even discounting the£10 for the horse, he had to refund the shopkeeper £30 so i dont get how that is just semantics and the answer only £20?

he has a point, income = 0 as the cheque was valueless, expenses was: 10 (horse) + 10 (change given to guy for nothing) + 30 (refund to shopkeeper)

so £50? or am i missing something?

well the £30 isn't really £30 cash, its £10 cash + horse (which was bought for £10) so £20

if u think about it all that the thief has taken is a £10 horse and a£10 note


however they want to work out who owes who what between shop keeper and breeder is semantics, the acctauly value of the "robbery" is £20 so the loss is £20


in the real world the shopkeeper would be liable anyway so the breeder would lose nothing xD

but as it's written and the facts we're given it's £20 lost
 

Ormorof

FH is my second home
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Dec 22, 2003
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9,891
well in that case he lost £20 to the thief and £30 to the shopkeeper

How much did the horsedealer lose altogether?

so £50 altogether :p but its a poorly defined question.

i have no idea who would be liable in the real world (i thought they stopped using cheques in the 80s?)

i imagine that the shopkeeper would go after the horsedealer if he didnt pay up though!

and ze police after the horse thief!
 

gohan

I am a FH squatter
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Messages
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well in that case he lost £20 to the thief and £30 to the shopkeeper



so £50 altogether :p but its a poorly defined question.

i have no idea who would be liable in the real world (i thought they stopped using cheques in the 80s?)

i imagine that the shopkeeper would go after the horsedealer if he didnt pay up though!

and ze police after the horse thief!
no cos the dealer had no contact with the thief

the shop keeper was middle man

breeder gets horse for £10, sells it to shop keeper for lets say £20 (doesnt define who gets what profit but tis void anyway) so he's £10 up

shopkeeper is £20 down, he sells horse + £10 for £30 so he's even, but chq bounces so he's now £30 down

breeder gives shopkeeper £30 to keep him sweet, shopkeeper is now even

breeder is £20 down (10 -30)
 

old.Tohtori

FH is my second home
Joined
Jan 23, 2004
Messages
45,210
Ormorof, you have to consider that he got the 30 from the shopkeep to begin with.

So here's his wallet during the story;

- 10 (for buying a horse)
+ 20 (after getting 30 for the cheque)
+ 10 (after giving 10 to the thief)
- 20 (after giving the shopkeep the 30 back)

Total loss, 20.
 

Ormorof

FH is my second home
Joined
Dec 22, 2003
Messages
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hmmm i guess it is 20 after re doing my maths (i realised i wasnt taking into account that he actually got +30 for the cheque in the first place :p )

but at what point does it state the shopkeeper sells the horse? :p

why would the horsedealer change a cheque at the shop and give change to the thief if the shopkeeper is the one selling the horse?
 

gohan

I am a FH squatter
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Messages
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hmmm i guess it is 20 after re doing my maths (i realised i wasnt taking into account that he actually got +30 for the cheque in the first place :p )

but at what point does it state the shopkeeper sells the horse? :p

why would the horsedealer change a cheque at the shop and give change to the thief if the shopkeeper is the one selling the horse?

having re read it it makes perfect sense now, the horse dealer is in a RANDOM shop, all the shopkeeper does is swap a £30 chq for £30 cash, the horse keeper gives 10 of that to the "buyer" and pokets £20

he then has to give the full £30 back to the shopkeeper when it bounces putting him £10 down + the original £10 for the horse


math still the same jsut in my head the horsedealer and the shop keeper worked together
 

Ormorof

FH is my second home
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Dec 22, 2003
Messages
9,891
but the question states "a shopkeeper" not "the shopkeeper", afaik they have shops in the USA that cash cheques (doubt it is very common in Europe) which can be used by businesses (or random horsedealers :p )

so if a horsedealer gets a cheque and wanders into a nearby shop where the shopkeep is happy to do the deal then all he is doing is changing the cheque, not selling the horse.
 

Uara

Part of the furniture
Joined
Jul 24, 2004
Messages
2,254
WOOP WOOP last uni exam done and dusted (hopefully this'll be it after 5 years at university)....Now its all about the Glastonbury!
 

CorNokZ

Currently a stay at home dad
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Jan 24, 2004
Messages
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Just been accepted to Universidad politecnica de Valencia from this September!! gonna be so awesome chilling on the beaches and drinking beers for 4 months straight haha!!
 

Ch3tan

I aer teh win!!
Joined
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The speed I'm getting from my ADSL line just went from 6mbits to 10mbits, all by itself.

Finally some decent speeds again!
 

Cerb

I am a FH squatter
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Messages
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I am ready to snap at work today. In a months time I am going to be out of work for 3 months while I wait for my Visa to process. I should be thinking of it with trepidation but to be honest I can't fucking wait.
 

Job

The Carl Pilkington of Freddyshouse
Joined
Dec 22, 2003
Messages
21,652
Just been accepted to Universidad politecnica de Valencia from this September!! gonna be so awesome chilling on the beaches and drinking beers for 4 months straight haha!!

I searched it and got this, look like a fun bunch, you'd better pack extra condoms.
 

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old.user4556

Has a sexy sister. I am also a Bodhi wannabee.
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I'm in Staines for a week and I'm bored out of my fucking mind.
 

old.Osy

No longer scrounging, still a bastard.
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spicyfoodp1.gif
 

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