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Logical Reasoning
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John buys a cycle for 31 dollars and given a cheque of amount 35 dollars. Shop Keeper exchanged the cheque with his neighbor and gave change to John. After 2 days, it is known that cheque is bounced. Shop keeper paid the amount to his neighbor. The cost price of cycle is 19 dollars. What is the profit/loss for shop keeper?
a) loss 23 b) gain 23 c) gain 54 d) Loss 54
Read Solution (Total 6)
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- CP of cycle = 19$
SP of cycle = 31$
Profit = 31$-19$ = 12$
Again, shopkeeper gave 35$ to neighbour.
Loss = 35$
So, net loss = 35$-12$ = 23$ - 13 years agoHelpfull: Yes(43) No(8)
- Total loss=exchange given to John + actual cost of d cycle
= 4 dollar + 19 dollar
= 23 dollar.... - 13 years agoHelpfull: Yes(9) No(2)
- ans:none of these
total loss = cost of cycle + dollar returned to john + dollar given to neighbor
=19+4+(35-31)=27 - 12 years agoHelpfull: Yes(6) No(13)
- shopkeeper Loss 19$ of cycle+35$ of exchange=$54
- 9 years agoHelpfull: Yes(3) No(0)
- c.p of cycle is 19 $ and he gave $35 to neighbour for exchange
therefore,total loss is 19+35=54$
- 9 years agoHelpfull: Yes(3) No(0)
- shopkeeper lose 19$ of cycle and 4$ i.e given to john who buys cycle in cash therefore total loss 19$+4$=23$
- 9 years agoHelpfull: Yes(0) No(2)
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