Money Matters

Level pending

A lady buys goods worth Rs.200 from a shop. (shopkeeper is selling the goods with zero profit). The lady gives him Rs.1000 note. The shopkeeper gets the change from the next shop and 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 “duplicate” and takes his money back. How much LOSS did the shopkeeper face?

NOTE :- Here Rs. indicates a currency value. It can be any currency


The answer is 1000.

HariCharan Raghunathan by HariCharan Raghunathan , 22, India

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1 solution

The actual loss is Rs. 1000 only since the shopkeeper lost Goods worth Rs. 200 and cash worth Rs. 800 in consideration of a fake note of Rs. 1000. The fake note was never his anyway. As regards his transaction with the other shopkeeper it is just an exchange which got reversed later on. So the two transactions negated each others impact and hence the shopkeeper lost only in the first transaction with the old lady.

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but Hari, he gave d other shopkeeper a sum of Rs. 1000 not Rs. 800..so he must have lost Rs. 1200...how Rs. 1000??

A Former Brilliant Member - 7 years, 3 months ago

Loss of first shopkeeper = (Profit of the lady + Profit of the second shopkeeper)

Profit of the lady = Rs.200(for goods) + Rs.800(for the change she received) = Rs.1000 Profit of the second shopkeeper = Rs.0(as he got his money back) So the loss of the shopkeeper is = 1000 + 0 = Rs.1000

HariCharan Raghunathan - 7 years, 3 months ago

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