This question was asked in another forum. People came up with various different answers and all were arguing and justifying their answer to one another.
Question :Tim and Jim go to a shopping mall. As Tim wanted to get a new pair of shoes he and Jim walk into a shoe shop. Tim selects a shoe and proceeds to the counter for payment. The shoe costs BDT 700. Tim takes out a fake note of BDT 1000 and hands it over to the cashier. The cashier takes the fake note (not realizing its fake) and since he doesn't have change, goes to the adjacent food store and gets change of BDT 1000 (10 notes of BDT 100). The cashier then returns BDT 300 back to Tim and Tim and Jim go away.
After a while the person from the food store rushes back to the shoe shop and tells the cashier that the BDT 1000 note is fake and to give him back his money. The cashier then removes a real BDT 1000 note, gives it back to the food store guy and takes back the fake note.
So, what do you think?What is the monetary loss of the shoe shop ? (Inclusive of the shoe price)
p.s. Assume loss for shoe is 700.
Answers so far:
Please don't try to Google out the answer. Just Give it a try yourself BEFORE reading on comments. Lets see what figures comes up.