Counterfeit
Written on 11:22 pm by Vja Students
A man went into a fast food restaurant and ate a meal costing Rs. 105, giving the accountant a Rs. 500 note. He kept the change, came back a few minutes later and had some food packed for his girl friend. He gave the accountant a Rs. 100 note and received Rs. 20 in change. Later the bank told the accountant that both the Rs. 500 and the Rs. 100 notes were counterfeit.
How much money did the restaurant lose? Ignore the profit of the food restaurant.
Answer
He lost Rs.600
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The restaurant lost Rs600/- if you consider the value of Meal and Parcel not recovered.
They lost Rs.415/- actual cash.
Consider to start with owner has Rs1000 and all the notes are true.
So after 1st Transaction
OWNER should have 1105
After 2nd transaction OWNER should have 1185
Now he realised that 600 are fake and he also has lost his food.
1185-600=585
So owner is left with Rs 585
The loss in terms of cash = 1000-585 = 415
and the loss in terms of food = 105 + 80 = 185
So the total loss is 415 + 185 = 600