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shopkeeper selling the goods with zero profit) .. The lady gives him $100 The shopkeeper gets the change from the next shops and keeps $20 for himself and returns $80 to the lady.. .. Later the shopkeeper of the next shop comes with $100 saying "duplicate" and takes his money back. .. How much LOSS did the shopkeeper face..?? Give your answers...
Dear All take A4 paper make it samall size and make currency for sample make100$ dublicate then you got exchange with another shop kepper you got50$,30$20$=100$ Orignal note you have now. you dont have single extra Dollar with you just onlye100$ exchange one.
ok you gave20$ goods and change of 80$ .
you have only cah20$ from your sale.
customer gone you can't find her.
yo have to give100$ to from whom you got exchaged.
you have only cash sale $20
you need to manage more80$ from your personal resource
Cash sale20+80=100$ loss
thanks hope you understand.
if you understand please vote my answer.
Total loss is $100
Cash $80 & Goods $20
180
$180
100$, but there is no loss in respect of goods sold as goods in kind became cash. Eay to understand, if you assume you had only100$ before sale of good.
-100:20 (WHATE HE TOOK FROM THE LADY AGAINST GOODS: PAID- GOODS PRICE+PROFIT(0)=0)
-100(WHATE HE RETURNED BACK TO THE NEXT SHOOPKEEPER)
$200 Loss for the Shopkeeper....
=$100 returnred to other shopman+ $80 returned to the lady + $20 for the goods sold
100$
Goods costing80$ and20$ cash paid to her.
The money which was given to other shopkeeper i.e.100$ is actual loss.
$100 is the net loss , poor guy !