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How much money did Mr Wang lose?

0 votes
1,502 views

Mr Wang sells shoe.
A pair of shoe costs $20 and its selling price is $30.
A customer bought a pair of shoe and paid with a $50 note.
Mr Wang didn't have change so he went to his neighbor to break it into small notes.
He returned $20 to the customer.
The next day, Mr Wang's neighbor realized that the $50 note was a fake.
Mr Wang compensated his neighbor $50.

Question:
How much money did Mr Wang lose?

posted Feb 3, 2015 by anonymous

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2 Answers

+3 votes

Mr Wang lose = $40
He lose $20 of shoes and $20 which he returned to the customer
And talking about selling price $30 and cost price $20,In these $10 was his profit not any loss
So answer is $40

answer Feb 3, 2015 by Jaspalsingh Parmar
0 votes

He lost Rs twenty

answer Feb 4, 2015 by U N Rekha
Whats the logic ??



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