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Question

A shopkeeper paid ₹2000 for the raw material. Find his total earning if he receives the following denominations of coins and notes from the customers.



A
₹500
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B
₹560
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C
₹600
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D
₹625
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Solution

The correct option is B ₹560
To find the total earning, we need to multiply the denomiations of each note to the number of notes and then subtract the amount paid by the shopkeeper.
₹2000x 1 = ₹2000
₹100x 4 = ₹400
₹20x 6 = ₹120
₹5x 8 = ₹40
Total money = ₹ (2000+400+120+40) = ₹2560
Earning = ₹2560 - ₹2000 = ₹560

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