A man buys a pair of shoe worth Rs.350 from a shop. The man gives him Rs.1000 note. The shopkeeper gets the change from the next shop, keeps Rs.350 for himself and returns Rs.650 to the man. Later the shopkeeper of the next shop comes back with the Rs.1000 note saying “duplicate” and takes his money back. So the question is “How much LOSS did the shopkeeper face?”
Answers
Answer:
The shopkeeper faces a loss of Rs.1000.
Step-by-step explanation:
a. Given: A man buys shoes worth Rs. 350.
b. He gets change for Rs.1000 and gives Rs.650 as balance.
c. Next shop owner comes and takes back Rs.1000.
Total loss = loss faced by selling the shoe + loss faced by getting change for Rs.1000 + loss faced when the next shop owner takes back his money
Total loss = 350 + 650 = Rs.1000.
Answer:
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Step-by-step explanation:
The shopkeeper faces a loss of Rs.1000.
Step-by-step explanation:
a. Given: A man buys shoes worth Rs. 350.
b. He gets change for Rs.1000 and gives Rs.650 as balance.
c. Next shop owner comes and takes back Rs.1000.
Total loss = loss faced by selling the shoe + loss faced by getting change for Rs.1000 + loss faced when the next shop owner takes back his money
Total loss = 350 + 650 = Rs.1000.