Ranjit bought 100 sheets and gave the shopkeeper a Rs. 50 note. How much money should the shopkeeper give him back?

Answer

To determine how much money the shopkeeper should give back to Ranjit, we first need to calculate the total cost of the 100 sheets of paper he purchased. According to the shopkeeper's pricing: - If more than 50 sheets are bought, the price is 40 paise per sheet. - Since Ranjit bought 100 sheets, he will be charged at the rate of 40 paise per sheet. Now, calculate the total cost: 1. **Cost of 100 sheets**: Total cost = Number of sheets × Price per sheet Total cost = 100 sheets × 40 paise = 4000 paise (Since 1 Rupee = 100 paise, we convert paise to Rupees) Total cost in Rupees = 4000 paise ÷ 100 = Rs. 40. 2. **Amount paid by Ranjit**: Ranjit gave Rs. 50. 3. **Change to be given back**: Change = Amount paid - Total cost Change = Rs. 50 - Rs. 40 = Rs. 10. Therefore, the shopkeeper should give Ranjit back **Rs. 10**.