A shoe seller sold one pair of shoes for 20 taka. The buyer did not have change and gave the seller a 100 taka note. The seller took taka 100 change since he had none in his cash box from a neighbor businessman and returned the buyer required change plus the shoe he bought. Moments later after the client had left the seller found that he was given a fake note. What was the amount of loss for the seller?
Explanation: Since the seller had bring the 100 taka change from his neighbor, he will have to pay the full amount to his neighbor. Total loss (100 + the value of the shoe)
