John buys a cycle worth 31 dollars and pays with a cheque of 35 dollars. The…
TCS · 2026
John buys a cycle worth 31 dollars and pays with a cheque of 35 dollars. The shopkeeper exchanges the cheque with his neighbour for cash and gives the change to John. After 2 days, the cheque bounces, and the shopkeeper repays the amount to his neighbour. The cost price of the cycle is 19 dollars. What is the profit or loss for the shopkeeper?
- A.
23
- B.
35
- C.
19
- D.
31
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