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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” or Fake note and takes his money back.

How much LOSS did the shopkeeper face?

a)1200

b)1000

c)2000

d)1800

 

Loss Analysis Accounting Value Based Selling Executive Level Selling Risk
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Question added by Mohammed Asim Nehal , M Asim Nehal & Co , Chartered Accountants
Date Posted: 2015/07/08
Upvote (0) Views (10) Followers (4) Answers (4) Report Question
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shobha shobha

he faces the loss200 and800 and1000 which he returns to next shop keeper so totl loss is2000

hence the right answer is option c

 

SWAPNIL SHELKE
by SWAPNIL SHELKE , Associate Consultant - SAP FI and treasury , Wipro Bahrain WLL

The shop keeper faces the loss of Rs.2000

Beneranda Ebarle
by Beneranda Ebarle , °sales lady °cashier °appraiser , ° Pariňas Jewelry Store and Pawnshop Inc °Lucibinino Pawnshop and Jewelry

He loses nothing because it's none profit

Deleted user
by Deleted user

c)2000 thus refund to the other shop keeper of Rs.1000

               Change given to the lady Rs.800 and goods worth Rs.200

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