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Rishi Chavan

IgnoramusĀ ā€¢Ā 6m

šŸ’” Business Riddle Time! šŸ’” Mr. Conman pays a 500 rupees notešŸ’ø for the goodsšŸ“¦ worth Rs.300 bought from a shop owned by Mr. Credulous. Since Mr. Credulous does not have Rs.200 to return to Mr. Conman, he gets 5 notes of Rs. 100 each from a neighbouring shopkeeper in exchange of this 500 rupees note. The following day, the neighbouring shopkeeper says that the 500 rupees note given by Mr. Conman is fakeāŒ and gets 500 rupees from Mr. Credulous. What do you think is the loss of Mr. Credulous in this overall transaction? Justify your answer in comments.šŸ‘‡

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