COURSE CODE:BAM114. QUESTION OF THE DAY.
A lady bought goods
worth ₦200 and paid
the
shopkeeper with a
₦1000 Note.
The Shopkeeper had no
change on him so he
went to another
Shopkeeper John his
neighbour
and collected ₦1000
change in ₦200
denominations, with
which he settled the
lady
and she left.
A little while later, John
came back angrily after
he discovered the
₦1000 note he was
given by
the shopkeeper was
fake, and demanded a
replacement.
To avoid trouble, the
shopkeeper had to give
John another ₦1000 and
destroyed the
counterfeit which had
no real value.
So Question for the
genius...
How much has the
Shopkeeper lost in
total?

The shopkeeper total lost has to dow ith the total amount given out in the process I.e 800+1000=1800 also the goods given out I.e 1800+200=2000