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How is shopkeeper selling the goods with zero profit?

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...

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Question ajoutée par Md Jiyaul Abdula , Senior Project Accountant , Gate City Trading and Contracting
Date de publication: 2013/09/25
Md Jiyaul Abdula
par Md Jiyaul Abdula , Senior Project Accountant , Gate City Trading and Contracting

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.

Ankit Gupta
par Ankit Gupta , Accounts and Commercial Assistant , Hayat Communication FZCO

Total loss is $100

Cash $80 & Goods $20

IMRAN ALI MOHAMMED
par IMRAN ALI MOHAMMED , Accounts Officer , M/s. Euro Glazing Ltd

I totally surprise by the answers given by highly qualified gentlemen's who are working as professionals. I know its a tricky question but still. Any way the right answer is $100 loss to the shopkeeper. $80 worth cash and $20 worth of goods =$100. (How $80 ? As he kept $20 after giving back $80 to the lady. He needed his own $80 to add with $20 to refund the another shopkeeper. And remaining $20 worth of goods)

Vasudeo Bhangere
par Vasudeo Bhangere , Assistant Underwriter/Executive Sales & Marketing , Takaful International Co. BSC

180

manaf almas
par manaf almas , Auditor , DAR AL NUZUM PUBLIC ACCOUNTANTS

$180

Prince Ninan
par Prince Ninan , Audit Executive , Lewis & Pecker

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.

Majdi Ayyat
par Majdi Ayyat , Jordan, Amman, National Electric Power Company (NEPCO), Cables Engineer , National Electric Power Company

-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)

Syed Abdul Hafeez Nahri
par Syed Abdul Hafeez Nahri , Assistant Manager Accounts and Controls , Pakistan Telecom Mobile Limited (a subsidiary of Etisalat Group)

$200 Loss for the Shopkeeper....

=$100 returnred to other shopman+ $80 returned to the lady + $20 for the goods sold

Fraz Mehmood
par Fraz Mehmood , Financial Analysis , Alfahim

100$

Goods costing80$ and20$ cash paid to her.

Utilisateur supprimé
par Utilisateur supprimé

The money which was given to other shopkeeper i.e.100$ is actual loss.

 

 

Imran Ali
par Imran Ali , Accountant , Ali Bin Ali Group, Hospitality Division

$100 is the net loss , poor guy !