Question

A woman goes to a shop to buy a product worth Rs.200. She buys the product and gives a thousand rupee note. The shopkeeper goes to the other shop to get the change. Then he returns back and gives the change back to the woman and then she departs. After sometime the second shopkeeper comes and reports that 1000 rupee note is fake, so the first shopkeeper gives him 1000rs.

What is the net loss incurred by first shopkeeper in the transaction?; A woman goes to a shop to buy a product worth Rs.200. She buys the product and gives a thousand rupee note. The shopkeeper goes to the other shop to get the change. Then he returns back and gives the change back to the woman and then she departs. After sometime the second shopkeeper comes and reports that 1000 rupee note is fake, so the first shopkeeper gives him 1000rs.; What is the net loss incurred by first shopkeeper in the transaction?

Answer 1

Answer:

Cost of product shopkeper sold = 200

Money he need to pay to other shopkeeper because of change he gave

= 200

So,

Net loss = 200 + 200

             = 400 rupees

Step-by-step explanation: