A business man bought a shirt at a price of 700 TK and sold it to a man at 900 TK. The man gave 1000 TK note and take the change. After selling the shirt, the business man found out that, the 1000 TK note was fake. What was the amount of loss the business man faced?
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Business man spent 700 TK to buy shirt and gave 100 TK change to the man during selling. But didn't gain any money or profit. So, loss is 700+100= 800 TK.