Calculate lose: lady, shopKeeper & fake note puzzle

Lady, shopKeeper & 1000$ fake note puzzle

  • Shopkeeper A is selling the goods at no profit no loss (zero profit).
  • Lady buys an item worth 200 $ from shopkeeper A.
  • Lady gives 1000$ to shopkeeper A.
  • Shopkeeper A takes the change of 1000$ from another shopkeeper B (next door)
  • Shopkeeper A keeps 200$ and returns 800$ to lady.
  • After some time, Shopkeeper B comes back to shopkeeper A.
    • Shopkeeper B returns 1000$ note saying its fake.
    • Shopkeeper B takes 1000$ from shopkeeper A.
  • How much loss the shopkeeper A will have?

Solution of lady, shopKeeper & 1000$ fake note puzzle

  • In profit loss paradigm, the profit of one party is the loss of another party.
  • There are couple parties doing financial deals.
    • Shopkeeper A and shopkeeper B
    • Shopkeeper A and Lady
  • Financial interaction between shopkeeper A and shopkeeper B
    1. Shopkeeper A has 1000$ fake note.
    2. Shopkeeper A went to shopkeeper B and got 1000$ change for its fake 1000$ note.
    3. Latter on, Shopkeeper B comes back with 1000$ fake note and take his 1000$ back from shopkeeper A.
    4. After point 1,2 and 3, the net transaction is zero (shopkeepers attain their original state).
      • Shopkeeper A will have its 1000$ fake note and shopkeeper B will have its 1000$.
    5. No profit no loss interaction.
  • Financial interaction between shopkeeper A and Lady.
    • Lady has Item of worth 200$ and got 800$ cash from shopkeeper A.
    • Lady will have the profit of 1000$.
    • The profit of lady is the LOSS of shopkeeper A.
    • Shopkeeper A will have loss of 1000$.
    • OR
    • Shopkeeper A has 1000$ fake note.
      • Shopkeeper A gives an item worth 200$ and cash of 800$.
      • The loss to shopkeeper A is 200$ + 800$ = 1000$
      • Simply put the Fake currency note 1000$ is the LOSS.
        • Fake currency loss has to bear by somebody, In our case its shopkeeper A.

The loss to Shopkeeper A will be 1000$.

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