Mess of 100 Bucks: Calculating the Loss

The video presents a puzzle involving John, who sells a cap for $50. A buyer pays with a fake $100 note, and John gets change from his neighbor Jennifer. After realizing the note is fake, John repays Jennifer, leading to a discussion on calculating John's loss. The video explores different loss calculations, ultimately concluding that John's loss is $100. The session emphasizes logical thinking and problem-solving skills.

What problem did John face when trying to sell the cap?

• The buyer didn't want the cap.

• The buyer didn't have enough money.

• John didn't have change for a $100 note.

• The cap was damaged.

What did Jennifer discover about the $100 note?

• It was a real note.

• It was a fake note.

• It was a foreign currency.

• It was a torn note.

How much money did John have to arrange to pay Jennifer back?

• $50

• $100

• $150

• $200

What was John's total loss after the transaction?

• $100

• $50

• $150

• $200

What logical conclusion does the video reach about John's loss?

• John's loss was $200.

• John made a profit.

• John's loss was $150.

• John's loss was $100.