T tRNA Member 15+ Year Member Sep 4, 2007 #1 Advertisement - Members don't see this ad A owes B $4, B owes C $3, and C owes A $5. If C settles all the debts by giving money to both A and B, how much will C give A? answer is $1 can someone please explain this in layman terms, thanks
Advertisement - Members don't see this ad A owes B $4, B owes C $3, and C owes A $5. If C settles all the debts by giving money to both A and B, how much will C give A? answer is $1 can someone please explain this in layman terms, thanks
smec Membership Revoked Removed 10+ Year Member 15+ Year Member Sep 4, 2007 #2 tRNA said: A owes B $4, B owes C $3, and C owes A $5. If C settles all the debts by giving money to both A and B, how much will C give A? answer is $1 can someone please explain this in layman terms, thanks Click to expand... The question implies that A and B will do nothing while C is the one that takes the initiative to settle all debts among the three. All in all, C will have to pay out $2, i.e. $1 to B and $1 to A. Upvote 0 Downvote
tRNA said: A owes B $4, B owes C $3, and C owes A $5. If C settles all the debts by giving money to both A and B, how much will C give A? answer is $1 can someone please explain this in layman terms, thanks Click to expand... The question implies that A and B will do nothing while C is the one that takes the initiative to settle all debts among the three. All in all, C will have to pay out $2, i.e. $1 to B and $1 to A.
O orthdent786 Junior Member 10+ Year Member 5+ Year Member 15+ Year Member Sep 4, 2007 #3 streetwolf, can you help please? Upvote 0 Downvote
Z z3u2 Full Member 10+ Year Member 15+ Year Member Sep 4, 2007 #4 tRNA said: A owes B $4, B owes C $3, and C owes A $5. If C settles all the debts by giving money to both A and B, how much will C give A? answer is $1 can someone please explain this in layman terms, thanks Click to expand... think of this way: A needs to pay $4, and receive $5, so in sum he will gain $1 B needs to pay $3, and receive $4, so in sum he will gain $1 so, C needs to pay them each $1 Upvote 0 Downvote
tRNA said: A owes B $4, B owes C $3, and C owes A $5. If C settles all the debts by giving money to both A and B, how much will C give A? answer is $1 can someone please explain this in layman terms, thanks Click to expand... think of this way: A needs to pay $4, and receive $5, so in sum he will gain $1 B needs to pay $3, and receive $4, so in sum he will gain $1 so, C needs to pay them each $1
kdawg Full Member 10+ Year Member 15+ Year Member Sep 4, 2007 #5 tRNA said: A owes B $4, B owes C $3, and C owes A $5. If C settles all the debts by giving money to both A and B, how much will C give A? answer is $1 can someone please explain this in layman terms, thanks Click to expand... Since everyone is owed at least $3, we can just subtract $3 from each, giving: A owes B $1 B owes C nothing C owes A $2 Since C is supposed to settle all debts, C is simply just paying B the $1 that is owed from A and also fulfilling C's $1 debt to A. Everyone is correct so far, so hopefully someone has explained it in a way that you understand. Upvote 0 Downvote
tRNA said: A owes B $4, B owes C $3, and C owes A $5. If C settles all the debts by giving money to both A and B, how much will C give A? answer is $1 can someone please explain this in layman terms, thanks Click to expand... Since everyone is owed at least $3, we can just subtract $3 from each, giving: A owes B $1 B owes C nothing C owes A $2 Since C is supposed to settle all debts, C is simply just paying B the $1 that is owed from A and also fulfilling C's $1 debt to A. Everyone is correct so far, so hopefully someone has explained it in a way that you understand.
S Streetwolf Ultra Senior Member Verified Member 10+ Year Member Dentist 15+ Year Member Sep 5, 2007 #6 z3u2 said: think of this way: A needs to pay $4, and receive $5, so in sum he will gain $1 B needs to pay $3, and receive $4, so in sum he will gain $1 so, C needs to pay them each $1 Click to expand... I did it this way. To complete the thought: C needs to pay $5, and receive $3, so in sum he will LOSE $2. So he uses 1 of these dollars to give to A and the other 1 of these dollars to give to B. Upvote 0 Downvote
z3u2 said: think of this way: A needs to pay $4, and receive $5, so in sum he will gain $1 B needs to pay $3, and receive $4, so in sum he will gain $1 so, C needs to pay them each $1 Click to expand... I did it this way. To complete the thought: C needs to pay $5, and receive $3, so in sum he will LOSE $2. So he uses 1 of these dollars to give to A and the other 1 of these dollars to give to B.