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

• 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$
• 12 years agoHelpfull: Yes(43) No(8)
• Total loss=exchange given to John + actual cost of d cycle
  = 4 dollar + 19 dollar
  = 23 dollar....
• 12 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
• 11 years agoHelpfull: Yes(6) No(13)
• shopkeeper Loss 19$ of cycle+35$ of exchange=$54
• 8 years agoHelpfull: Yes(3) No(0)
• c.p of cycle is 19 $ and he gave $35 to neighbour for exchange
  therefore,total loss is 19+35=54$
  
• 8 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)