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A lady buys goods worth rs.200 from a shop. (shopkeeper selling the goods with zero profit and zero loss). The lady gives him 1000 rs note. The shopkeeper gets the change from the next shop and keeps
200 for himself and returns rs.800 to d lady. Later the shopkeeper of the next shop comes with the rs.1000 note saying "duplicate" and takes his money back. How much LOSS did the shopkeeper face?
Loss of shopkeeper is Rs 1000 Solution: The woman handed him fake money worth 1000(in exchange for goods(200) and 800 in cash). [ And that is the loss he suffered. If you want to calculate the real loss, then we need to know the cost price of the goods he sold. If the CP of goods sold was x, he suffered a loss of 1000-(200-x). ]
Expert answered|emdjay23|Points 503|
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Asked 3/6/2013 12:21:57 PM
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