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Showing posts with the label Rs.1000

Loss Due To Fake Currency Note?

A lady buys goods worth Rs. 200 from a shop. (shopkeeper is selling the goods with zero profit). The lady gives him Rs. 1000 note. The shopkeeper gets the change from the next shop and keeps Rs. 200 for himself and returns Rs. 800 to the lady. Later the shopkeeper of the next shop comes with the Rs. 1000 note saying "duplicate" and takes his money back.
 

How much LOSS did the shopkeeper face?

Loss to Shopkeeper Due To Fake Currency Note?

Find that LOSS here!

Source 

'Cashless' Transaction


What was the tricky? 

The shopkeeper's getting change for Rs.1000 from the next shop is just to confuse you.
He brought Rs.1000 from that shop & gave back Rs.1000. There is no loss or profit from that end. Now he gave genuine Rs.800 & product of Rs.200 to the lady. In return, he got Rs.0 as the Rs.1000 note offered by the lady was fake one. So total loss the shopkeeper faced is of Rs.1000. 


The Shopkeeper lost only Rs.1000 in transaction!
 

Unfair Loss in Savings of Life

On his 20th birthday, Ajay started depositing Rs.500 in his saving box. His brother Vijay used to withdraw Rs.100 from the same box on his birthday every year. On his 60th  birthday, Ajay opens his box & finds only Rs.1000 in it.

How this could be possible?

Two brothers at old age
Ajay & Vijay

Having Birthday On Leap Day


Since Ajay celebrates his birthday on 29th February, he used to deposit Rs.500 in saving box once in 4 years. From age 20 to 60, he celebrated only 10 birthdays saving only 500 x 10 = 5000. 

But Vijay withdrawing Rs.100 every year means he took 100 x 40 = 4000 so far.
That's why only 5000 - 4000 = 1000 left in the box.

Leap Day birthday affecting life savings
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