Mr. Rahul Kaushik You are absolutely wrong.

 

And Mr Sandeep Wahwal You too are Wrong. . .

 

I have explained the Correct answer in One of My Comments above. Please Refer it.

 

Mistake in Your Answer is that : You have Shown Receipts of Rs.1000/-+200/-(Kept with him)

From where do u think He got this 200/- ???? This 200 is Out of Rs.1000/- recd. So U r Counting it Twice.

 

the answer is RS.2000

as if we cut the role of duplicate note , the shopkeeper gave rs 800 + goods of 200 to the lady and on the other hand he paid 1000 to the second shopkeeper......

 

Assume u have Rs 1000 in ur cashbox. Instead of u exchanging the note the customer exchanges gives u 200 and takes back Rs 800. so ur cash box will have Rs 1200/- which should be actual.

now the shopkeeper comes and asks u rs 1000 for fake note. you give him, u are left with Rs 200.

hence the loss is Rs 1000 fake note or Rs 800 cash loss and Rs 200 kind

but loss is Rs 1000 

it seems to be right. ooooooh i am so confused........

 

Assume that the cash balance with the shopkeeper is Rs. 1000

add: Rs. 200 (the change he brought from the next shopkeeper and kept with himself)

Now the balance is Rs. 1200/-

 

After sometime, the next shopkeeper demands to give Rs.1000/- since it was a fake note (in exchange of the fake note).

So after paying Rs. 1000 to him, the final balance will be Rs. 200/-

 

Hence, cash loss = opening balance - closing balance

                                 = 1000-200

                                 = 800

Add: goods loss  = 200

 

Total loss             = 1000/-

 

Cool:)

gud qstn.

Thank you chetan gupta for pointing out my mistake. Now i would like to explain you the correct answer as under - The correct answer is Rs. 1000/- according to following rules There is one universal logic i.e. nothing is created but get transferred from one thing to another. Thing may by anything i.e. idea, article, energy etc. Now in the term of idea, idea is created by giving time and efforts to that effect. Mathematics also following this rule as if there is “+” then there should be “-“. If there is “x” then there should be “/”. If we say that Rs. 1000 – 200 = 800/- then there is the questing where is Rs. 200/- right now ? or If we say Rs. 1000 + 200 = 1200/- then from where Rs. 200/- has come ?. This is the question of philosophy and answer will be available in in philosophy. But rule is the same nothing is created but get transferred. Our financial condition also based on this like if there is a rich then there should be poor and if there is no reach then there would not be any poor. Means Reach is + and Poor is -. Reach = Poor or Reach – Poor = 0 (no reach, no poor). Our accounting rule is also totally depend on this rule. In other words, If there is a debit then credit should be come there. And the main interesting thing is that weight age between the two should be equal or neutral or zero. Therefore our Balance Sheet (our financial universe) get tallied. By applying and going through the above rule we can conclude that if one person enjoying the benefit of something then there should be a person or persons suffer loss associated with that benefit. Hence Benefit = Loss or Benefit – Loss = 0 that is universe. Hence we can find exact answer by considering any of the factor either benefit or loss. Because we know benefit = loss. We should consider that factor which is easy to conclude. Now, buyer got the benefit of Rs. 1000/- it is clear as Rs. 800/- received in cash and goods costing Rs. 200/- received as well. It means there must be a loss of Rs. 1000/- , No more no less. But who is this. This may be Seller or another person. Now another person does not suffer any loss or get benefit because he afterwards received Rs. 1000/- Hence ultimately person who suffer the loss of Rs. 1000/- is seller or seller has suffer loss of Rs. 1000/-. Regards,

Originally posted by : Chetan Gupta
	Tu CA FINAL mein Kaise aa gaya yaar!!! :P

 

Oh my!!! 

Dear mate, you need to understand that everyone is not as talented as you are!

 

Anyways you made me realize that I needs to stay more focussed.

Thank you.

 

understand my theory and thing according to that

Rs 1000/- rupee note is a fake so the value is zero.

Now consider that the shopkeeper had his own Rs 2000/- rupees

1 . Lady comes and asks shopkeeper for Rs 200/- worth product plus he also gives her Rs 800/- ( for which she pay Zero ie fake note ) so loss of 1000/-


2. Next door shopkeeper comes and ask for Rs 1000/- ( for which he gives Zero ie again fake note ) so again loss of Rs 1000/-


So the total loss of Rs 1000/- + Rs 1000/- = 2000/-

what the fuss/ ruckus/ pandemonium/ mess/ confusion  is created over such a simple matter i dont understood;.

The simple answer is 1000 fake note + 200 goods given free
thats all rs 1200

then y to argue.

 

THE ANSWER IS   - Rs 2000

MATERIAL LOSS - RS. 200

Cash loss            - Rs. 1800

Originally posted by : krina
	1800/-

 

yep 1000 bucks

Its 800 Cash loss & 200 worth goods loss..

Take it this way Op Cash is 1000 bucks..

1000 more recd from lady total 2000,

got exchanged 1000 no loss same balance 2000,

800 returned to lady balance is 1200,

nore was fake so he paid 1000 bucks to other shop keeper so balance is 200

Op cash 1000, closing cash 200; so cash loss 800.

 

so total 1000 bucks loss...

oh i forgot 2 add 800 rs loss in my previous 1200 rs loss

pls cooperate

thnx