Question

Ganesh travelled to mall by bus. He gave the conductor $10 coin for ticket. He purchase many commodities from mall .
At billing counter ,he gave his credit card for payment but billing clerk informed him that only debit card accepted . Since ganesh had forgotten his debit card at home,he offered to make payment by cash .
1)identify the types of money used in information.
2)explain any two of them.

Answer 1

Answer:

1. The types of money used in this information are 1.- cash ,2- debit card and 3.- credit card.
2. cash - money in the form of currency.
3. credit - the amount of money credited in your card.