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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.
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Answer Posted / dean hiller
Let's say restaurant starts with 1000
then it gives guy 395 so then
restaurant has 605 and also has a bad 500 bill
next it give guy 80 back in change
restaurant has 525 and has a bad total of 600
Now, the real question is is the loss 1000-525=475 OR
Are we saying that the restaurants profits would have been
1000+105+20=1125 and so the loss would be 1125-525 = 600
ie. I am not sure what they mean by ignoring the profits(ie.
do we use 1000). The answer
is definitely 600 or 475 ;).
Dean
| Is This Answer Correct ? | 1 Yes | 7 No |
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