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
- Shopkeeper A has 1000$ fake note.
- Shopkeeper A went to shopkeeper B and got 1000$ change for its fake 1000$ note.
- Latter on, Shopkeeper B comes back with 1000$ fake note and take his 1000$ back from shopkeeper A.
- 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$.
- No profit no loss interaction.
- Financial interaction between shopkeeper A and Lady.
- Lady has Item of worth 200$ 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$.