I was wrong.
THE TOTAL LOSS IS RS.1000 only.
Check your knowledge
Page no : 3
CA Anoop Dangwal
(CA, M.com, B.com,)
(899 Points)
Replied 29 May 2013
1000 total loss.
Since actual payment out of shopkeepers pocket is 1000 only. 200 and 800 given to the lady out of money borrowed (assume) from the other shopkeeper. Ultimately first shopkeeper have to pay 1000 out of his pocket which would be his actual total loss. Hope all will undestand my view.
Rajat Poddar
(Qualified CS and CA Finalist)
(3355 Points)
Replied 31 May 2013
LOSS IS OF RS.1000 ONLY ALL OTHER ANSWERS ARE WRONG...
Raj Gupta
(Accountant)
(34 Points)
Replied 01 June 2013
Dear Rajat,
Pls explane how is this wrong???
sachin
(student)
(113 Points)
Replied 01 June 2013
simple auery, simple answer is Rs. 1000
(200 goods cost + 800 to another shopkeeper)
to shopkeeper rs. 1000 (800 out of 1st shopkeeper pocket and 200 rs. of 2nd shopkeeper, which he given first in exchange of 1000 rs. froud note)
Kapil
(x)
(21 Points)
Replied 12 June 2013
Total Loss is Rs. 1000/-
Note : Fake currency point is placed in the question to confuse people and to create illusion , Therefore solve without it.
First simplify the question , by eliminating fake currency point ,in the question and consider that Ist shopkeeper take 1000/- from the 2nd shopkeeper for 5 minutes .
Now , out of this Rs. 1000/- taken for 5 minutes from the 2nd shopkeeper , Ist shopkeeper pays Rs.800/- to the customer and the goods worth Rs. 200/-.
It is the same amount amount which, now he needs to returned i.e Rs. 1000/- to the 2nd shopkeeper after 5 minutes. ( This include 800 paid to customer and the cost of good which he kept )
Chandan Singh
(Professional)
(270 Points)
Replied 12 June 2013
Loss
goods = 200
money paid to lady = 800
repayment of loan ( 1000 - 200 price of goods keeps with self ) = 800 net repayment..
TOTAL = 1800
harsh
(owner)
(25 Points)
Replied 19 June 2013
Guys Loss is only Rs 1000,
200 stock given to lady
800 to shopkeeper as when he got change he had given only Rs 800 to lady and kept true notes with himeself of Rs 200 and when he had given Rs 1000 to shopkeeper it constitutes true Rs 200 from it.
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