AI Mentor

Check Your IQ

Free Expert Demo

Try Test

Courses

Dropper NEET Course Dropper JEE Course Class - 12 NEET Course Class - 12 JEE Course Class - 11 NEET Course Class - 11 JEE Course Class - 10 Foundation NEET Course Class - 10 Foundation JEE Course Class - 10 CBSE Course Class - 9 Foundation NEET Course Class - 9 Foundation JEE Course Class -9 CBSE Course Class - 8 CBSE Course Class - 7 CBSE Course Class - 6 CBSE Course

Offline Centres

A trader quotes Rs.45 for an article whose cost price is Rs.30. The customer pays him a 50-rupee note. The trader does not have the chance to give back Rs.5 to the customer. He thus goes to the neighbouring shop to get the change for Rs.50. The customer collects his balance Rs.5. The next day the owner of the neighbouring shop realizes that the 50-rupee note was fake and demanded Rs.50 back from the trader who gave it. What is the total loss to the trader?

see full answer

Your Exam Success, Personally Taken Care Of

1:1 expert mentors customize learning to your strength and weaknesses – so you score higher in school , IIT JEE and NEET entrance exams.

An Intiative by Sri Chaitanya

Rs.80

Rs.85

Rs.35

Rs.40

answer is C.

(Unlock A.I Detailed Solution for FREE)

Best Courses for You

JEE

NEET

Foundation JEE

Foundation NEET

CBSE

Detailed Solution

Given:
Cost price = Rs.30
Selling price= Rs. 45
Thus,
Profit= selling price-cost price
Profit= 45-30
Profit= 15
Now, he returns rupee 5 to the customer along with the article of Rs. 30 cost prices.
So, the total lost =

Rs . 30 + Rs . 5 = Rs . 35

Thus, option 4 is correct.

Watch 3-min video & get full concept clarity

courses

No courses found

Result Producing online coaching for JEE/NEET of south India

Largest All India Test Series for JEE/NEET

Best Online Course for IIT JEE

Best Online Course for NEET

Best Online Course for CBSE

Ready to Test Your Skills?

Check your Performance Today with our Free Mock Test used by Toppers!

Take Free Test

Get Expert Academic Guidance – Connect with a Counselor Today!