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  • Loss

    ISHAN TOPRE

    ISHAN TOPRE

    @ishan-nohePN
    Updated: Feb 9, 2011
    Views: 970
    Once I went for shopping taking 2 travelers checks of rs.500 each.I bought a commodity for rs.850. and gave shopkeeper both the checks.The shopkeeper asked his cousin to en-cash them.So he gave shopkeeper rs.1000 and took the checks. Now the shopkeeper gave me the commodity and rs.150 change.Right?
    Next day the cousin asked the shopkeeper for rs.1000 as both the checks were forged and not genuine.The poor shopkeeper had to return him his money back.
    So what was the total loss incurred by shopkeeper?😁
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    Replies
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Replies

  • Gurjeet Singh

    Member • Feb 9, 2011

    1150 rupees right?
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  • Saandeep Sreerambatla

    Member • Feb 9, 2011

    He took 1000 from cousin and gave 1000 back so there is no gain no loss.

    He took 1000 rupees checks and gave away goods of worth rupees 850 and and 150 cash!

    so there is no loss.

    but as the checks are forged 1000 rupees loss for him.
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  • ISHAN TOPRE

    Member • Feb 9, 2011

    Try hard.Harder Hardest...This is not the answer...😁
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  • durga ch

    Member • Feb 9, 2011

    hmm , 1850 ?
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  • Saandeep Sreerambatla

    Member • Feb 9, 2011

    Edited my answer ,this is what I can think of!
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  • maria flor

    Member • Feb 9, 2011

    is this the answer 1150???
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  • Varsha0802

    Member • Feb 10, 2011

    Is the loss of two thousand rupees?
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  • deepanjan0611

    Member • Feb 10, 2011

    i think the answer is 2000....
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  • ISHAN TOPRE

    Member • Feb 10, 2011

    Well the answer is Rs.1000.

    here there are two types of transactions
    1.between shop keeper and cousin:
    shopkeeper took Rs.1000 from cousin and next day returned it.
    So net result is zero.So no loss
    2.between me and shop keeper
    Shop keeper gave me goods of Rs.850 and 150 rs change.
    Hence loss is Rs.1000. 😁
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