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Querist : Anonymous

Querist : Anonymous (Querist)

08 December 2012 The Qwiz Goes this way.. A Lady buys goods of Rs.200 & Pays a Rs.1000 note to shopkeeper , he gets the change from the Next shop & & keeps Rs.200 for himself & Returns Rs.800 to the lady .. After some time, The next shop owner Returns the Rs.1000 note Saying that its " Duplicate" & Takes the money Back .. Now the Question is How much Loss did the shopkeeper Suffer ?

@VaibhavJ

@VaibhavJ (Expert)
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08 December 2012 hey

Rs. 800 dat he gave to lady + cost of goods of Rs. 200.

So inall Rs. 1000 if we consider Rs. 200 as total loss.

Thanks//Vaibhav

CA Ayush Agarwal

CA Ayush Agarwal (Expert)
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08 December 2012 Here You Used The Word "Take The Money Back", Means Goods Not Taken Back.
So Loss Will be Only 200 Rs. of Goods (Assuming Goods Not Taken Back )

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