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Sunday, January 31, 2016

How much of a loss did the shopkeeper take?


A lady buys goods worth Rs 200 from a shop, whose shopkeeper is selling the goods with zero profit.
  • The lady gives him a Rs 1000 note.      
  •  The shopkeeper gets the change from the next shop, keeps Rs 200 for himself, and returns Rs 800 to the lady.
  •  Later the shopkeeper of the next shop comes with the Rs 1000 note saying “fake note” and takes his money back.
      How much of a loss did the shopkeeper take?

Answer:-

Rs.1000 LOSS

EXPLANATION -

Transaction 1 (Lady and Shopkeeper 1)

Lady to shopkeeper  =    Rs. 1000(FAKE)                            = Rs 0             (EARN Rs.0)

Shopkeeper to Lady  =    Rs. 200 goods + Rs. 800 change  = Rs.1000    (EARN  –Rs.1000 ) – LOSS

Shopkeeper 2 given and took back Rs1000   –   NO NEED TO CONSIDER

FINALLY-

Shopkeeper 1 loss:     Rs.200 goods+ Rs.800 change – Rs. 1000 fake=  Rs.1000

please leave comments if you have any questions.

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