I don't know much about knife fish but if you don't want to risk it you should take it back, you could take a chance on keeping it and doing regular water changes and testing but it is a risk of losing him too.
Looking at the pics of the shark I was thinking it shouldn't be this skinny and messed up after only 1 day. They were most likely sick,when you got them and the stress of moving, fighting and an uncycled tank finished them off.
The best thing to do is find another shop near youand take your business there, anyone who says you don't need to cycle the tank is a fool, there are ways to speed it up with quick cycle mixtures but it isn't right to say it's unnecessay. They seem to be more interested in getting your $ than giving good advice. Selling you 2 sharks was dodgy as well, anyone with a tiny bit of experience should know it would end in a brawl.Hopefully theres more than one shop in your neighbourhood.
Good luck and keep us informed of how it all goes. Once you've done the tests maybe start a new thread and give the readings and a summary of what's happened the hardcore experts will be able to give some good advice.