You are correct. If I fill a 5 gal bucket halfway with water it will weigh ~20lbs. If I drop a 15lb weight in the bucket I'd expect it now to weigh 35 since it won't displace enough water to slop over the sides.
Taken further, if I fill the bucket to the brim and then drop the weight in, I still expect it to be heavier. the weight is denser than the water, so it sinks. AFIK displacement is a statement of volume, not weight so the weight won't displace 15lbs of water, it will displace only as much as it needs to find room in the bucket. OTH, if I take a big rubber ball and push it down to the bottom of the bucket, the bucket will weigh less than when I started because the water displaced by the ball weighs a lot more than the ball does.
Taken further, if I fill the bucket to the brim and then drop the weight in, I still expect it to be heavier. the weight is denser than the water, so it sinks. AFIK displacement is a statement of volume, not weight so the weight won't displace 15lbs of water, it will displace only as much as it needs to find room in the bucket. OTH, if I take a big rubber ball and push it down to the bottom of the bucket, the bucket will weigh less than when I started because the water displaced by the ball weighs a lot more than the ball does.

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