A lady buys goods worth rs.200 from a shop. (shopkeeper selling the goods with zero profit). The lady gives him 1000 rs note. The shopkeeper gets the change from the next shop and keeps 200 for himself and returns rs.800 to d lady. Later the shopkeeper of the next shop comes with the 1000rs note saying \"duplicate\" and takes his money back. \"How much LOSS did the shopkeeper face ?\"
Option
A. 200
B. 800
C. 1000
D. 1200
E. 1800
F. 2000
G. Others

• C.) 1000
  Lady gave rs.1000 duplicate note... In that 1000 , shopkeeper got his price for goods (ie rs.200)... So he didnt incur any loss in that...
  He gave rs.1000 to his neighboring shopkeeper for that duplicate currency... So that is the only loss incurred by him...(ie rs.1000)
  
  Hence Ans : C) 1000
• 10 years agoHelpfull: Yes(31) No(7)
• Answer is: (D) 1200
• 10 years agoHelpfull: Yes(8) No(6)
• total loss=2000
• 10 years agoHelpfull: Yes(8) No(4)
• its 2000 rs
  as the loss inccured by the shopkeeper is = 200 + 800 + 1000 =2000
  200 = loss for his goods
  800 = given to lady
  1000 = given to the neighbour shopkeeper
• 10 years agoHelpfull: Yes(6) No(1)
• answer : c
  
  The common rule of such type of problem is
  Total Loss = Worth of goods + amount seller return to customer.
  1000=200+800.
• 10 years agoHelpfull: Yes(6) No(6)
• The common rule of such type of problem is
  Total Loss = Worth of goods + amount seller return to customer.
  1000=200+800.
• 10 years agoHelpfull: Yes(3) No(6)
• loss incured by shopkeeper-200(price of goods)+800(in return given to lady)+800(given to neighbouring shopkeeper to make him 1000 rs for fake currency)=1800 rs
• 10 years agoHelpfull: Yes(1) No(1)
• 800
  because shopkeeper gives back 800 rs lady and 1000 rs back to tha next shopkeeper
• 10 years agoHelpfull: Yes(1) No(0)
• 1800
  
  shopkeeper gave to lady 800 .Rs and for duplicate note he gave 1000 so total loss is 1800 Rs.
• 10 years agoHelpfull: Yes(1) No(0)
• 1000
  Simply we can consider, if there is no duplicate case, then shopkeeper was having no loss. As the moment duplicate concept is their, he has to pay 1000 extra.
• 10 years agoHelpfull: Yes(1) No(1)
• 1000 is the right answer
• 10 years agoHelpfull: Yes(0) No(0)
• @saraswathy his total loss is rs 1200 because not only he give rs 1000 to his neighboring shopkeeper he also suffered a loss of 200 on goods price so total 1200 because lady take all the gods for free
• 10 years agoHelpfull: Yes(0) No(0)
• total loss = 2000
• 10 years agoHelpfull: Yes(0) No(0)
• 1000 -200=800
  1000+800
  
  E.1800
• 10 years agoHelpfull: Yes(0) No(0)
• 200 for his product is received - there is no loss or gain there // 800 given to lady is the amount from neigbouring shop keeper/ he gives 1000 to the neighbouring shop keeper when the later comes and asks // , so total loss on paper is 1000 -- but myanswer is G (other) - since this is an IAS question, the shopkeeper will be fined for having a counterfeit note (the person solving the question knows that :)) and he will go an arrest and fine the shopkeeper.....so final value is variable - but more than 1000
  
  
• 9 years agoHelpfull: Yes(0) No(0)