Question

david sold a $1.50 comic book to ronald. having no change for ronalds $5 dollar bill, david got the change at the store. he gave ronald the comic and $3.50. then the store owner told david that the $5 dollir bill was counterfeit. so david gave him five $1 bills. how much money did david make or lose is these transactions?

Answer 1

Since he earned nothing from the counterfeit bill, and because he had to give the store owner five one dollar bills, he LOST 5$