Re: one customer visit the showroom of phones and purchased
the phone of Rs 750 and gave the 1000 rupees note the
showroom executive didn't have the change so he take the
change from next to his showroom's shop then he deliver the
phone to customer with the change of rs 250.and customer
went with both after sometime the shop owner of next to
showroom who gave the change of Rs 1000 with angry and told
the showroom executive that the note you give it to me is
fake! so showroom executive gave him Rs1000 to him.so
my(question) is how much the showroom executive faced the
loss on this transaction.
(the answer is neither 750,1000,1250,1500,1750 nor 2000)
please reply the answer because its urgent with the
explanation of u'r answer thankyou.
- 29 Answers
- 24192 Views
- I also Faced
- E-Mail Answers
Answers were Sorted based on User's Feedback
Answer / sunilkumarsuresh
The Actual Loss Faced by the Executive is
Phone - 750/-
Balance to the Customer - 250/-
Replacing the Fake Note - 1000/-
Total Loss - 2000/-
| Is This Answer Correct ? | 6 Yes | 3 No |
Answer / sandeep
the actual loss is 2000 rs (750for phone+250 change+ 1000
return back to shop keeper)
another ans, loss cannot be judged because purcasing price
of phone is not given only selling price is given.
| Is This Answer Correct ? | 3 Yes | 1 No |
Answer / sunilkumarsurehsh
HI Mr Sandeep,
Here no need to calculate the actual loss ,because the
one who sold the phone is only a showroom executive and not
the owner.for the executive the actual loss is Rs 2000, that
is your first answer
Thankyou
| Is This Answer Correct ? | 2 Yes | 1 No |
The showroom executive has faced the loss of 1000
because at the first time he received the amount of 1000 as
a change from the other shopkeeper and gave the amount of
250 to the customer and put 750 the price of Phone to his safe
when the other shopkeeper brought the fake money the the
showroom executive paid him the amount of 1000 back to him
total loss is 1000
Regard
Ramazan ali haidary
Afghanistan
| Is This Answer Correct ? | 3 Yes | 2 No |
Answer / baasha
The Total loss to the executive is Rs.2000/-
Phone - Rs. 750/-
Change - Rs. 250/-
Fake Note - Rs.1,000/-
TotalLoss - Rs.2,000/-
| Is This Answer Correct ? | 1 Yes | 0 No |
Answer / mayank
Shopkeeper kept Rs. 750 and gave the customer Rs. 250.
This means shopkeeper has got the money for the phone. So
till now no loss.
Now when the other shopkeeper takes Rs. 1000 for the fake
note,he faces a loss of Rs. 1000. So his loss is just Rs.
1000.
| Is This Answer Correct ? | 1 Yes | 0 No |
Answer / nilesh
show room executive face loss od Rs. 2000/-
becu
phone price is Rs. 750/-
take change Rs. 250/-
fake note Rs. 1000/-
| Is This Answer Correct ? | 2 Yes | 2 No |
What request submit to convert Expenses Report to Invoice
what is the basic difference between pooling of interest method and purchase method in amalgamation
Which of the following errors are not revealed by the Trial Balance: (a) compensating errors; (b) errors of commission; (c) wrong balancing of an account; (d) wrong totalling of an account
WHAT DIFF.BETWEEN CAPITAL EXPENDITURE AND CAPITAL REVENUE?
What is the meaning of Central Excise and State Excise Duty & also want to know differnec between them
Which reserve comes on the debit side of Balance Sheet?
what is the meaning of Accrual Concept?
6 Answers emc2, IHG InterContinental Hotels Group, Rivera Manpower Services,
what do you mean by bank reconocilition statement
What is call option and put option?
How the cash account represents the increase cash in debit side
why the accounts as personal real and nominal
Is purchase itself a direct expense?
Audit 
