Golgappa.net | Golgappa.org | BagIndia.net | BodyIndia.Com | CabIndia.net | CarsBikes.net | CarsBikes.org | CashIndia.net | ConsumerIndia.net | CookingIndia.net | DataIndia.net | DealIndia.net | EmailIndia.net | FirstTablet.com | FirstTourist.com | ForsaleIndia.net | IndiaBody.Com | IndiaCab.net | IndiaCash.net | IndiaModel.net | KidForum.net | OfficeIndia.net | PaysIndia.com | RestaurantIndia.net | RestaurantsIndia.net | SaleForum.net | SellForum.net | SoldIndia.com | StarIndia.net | TomatoCab.com | TomatoCabs.com | TownIndia.com
Interested to Buy Any Domain ? << Click Here >> for more details...


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.

Answers were Sorted based on User's Feedback



Re: one customer visit the showroom of phones and purchased the phone of Rs 750 and gave the 1000 ..

Answer / shirish

The actual lost suffered by the showroom excecutives is
Rs.2000 (1000+750+250)

Is This Answer Correct ?    15 Yes 7 No

Re: one customer visit the showroom of phones and purchased the phone of Rs 750 and gave the 1000 ..

Answer / sia bansal

loss of rs. 1000/-

Is This Answer Correct ?    10 Yes 6 No

Re: one customer visit the showroom of phones and purchased the phone of Rs 750 and gave the 1000 ..

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

Re: one customer visit the showroom of phones and purchased the phone of Rs 750 and gave the 1000 ..

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

Re: one customer visit the showroom of phones and purchased the phone of Rs 750 and gave the 1000 ..

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

Re: one customer visit the showroom of phones and purchased the phone of Rs 750 and gave the 1000 ..

Answer / ramazan ali haidary

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

Re: one customer visit the showroom of phones and purchased the phone of Rs 750 and gave the 1000 ..

Answer / natesh

Hi frnd. The answer is 1250.

Is This Answer Correct ?    3 Yes 2 No

Re: one customer visit the showroom of phones and purchased the phone of Rs 750 and gave the 1000 ..

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

Re: one customer visit the showroom of phones and purchased the phone of Rs 750 and gave the 1000 ..

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

Re: one customer visit the showroom of phones and purchased the phone of Rs 750 and gave the 1000 ..

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

Post New Answer

More Accounting General Interview Questions

I have transferred the Plant & machines to our Branch which are located in other state. plz told me how can i show the Machin stk trfr amt in return?

0 Answers   Carlton,


what is contribution? how does it help in taking managerial decisions?

0 Answers  


what are the steps for the payment cycle of the firm or company?

0 Answers   Mittal Steel,


Tell me about a situation where you showed determination?

0 Answers  


A Lorry driver damaged shed shutter and we deduct 2000/- from his freight amount now what is the head for the Deducted amount?

0 Answers   SEIL,


What is the objective of the balance sheet?

0 Answers  


What is the entry pass if we are given to advance for employee?

5 Answers  


iam working in small industry there some bills are not having even the shop name and contact.no. whether i should consider that expenses or not if yes, whether that bill attach with the voucher?

2 Answers  


ten example of direct income

1 Answers   Genpact, HCL,


What is Balance sheet?

3 Answers   EDS,


What is accrued expenses .and what is differance between accrued Expenses & Accrued Income?

3 Answers   HCL, HP,


Case Study: Deepak Hand tools Private Limited DHPL is a small sized firm manufacturing hand tools. It manufacturing plan is situated in Haryana. The company’s sales in the year ending on 31st March 2007 were Rs.1000 million (Rs.100 crore) on an asset base of Rs.650 million. The net profit of the company was Rs.76 million. The management of the company wants to improve profitability further. The required rate of return of the company is 14 percent. The company is currently considering an investment proposal. One is to expand its manufacturing capacity. The estimated cost of the new equipment is Rs.250 million. It is expected to have an economic life of 10 years. The accountant forecasts that net cash inflows would be Rs.45 million per annum for the first three years, Rs.68 million per annum from year four to year eight and for the remaining two years Rs.30million per annum. The plant can be sold for Rs.55 million at the end of its economic life. The company would need to raise debt to the extent of Rs.200 million. The company has the following options of borrowing Rs.200 million: a. The company can borrow funds from a nationalized bank at the interest rate of 14 percent for 10 years. It will be required to pay equal annual installment of interest and repayment of principal. b. A financial institution has offered to lend money to DHPL at 13.5 per annum but it needs to pay equated quarterly installment of interest and repayment of principal. Questions: 1. Should the company expand its capacity? Show the computation of NPV 2. What is the annual installment of bank loan? 3. Calculate the quarterly installments of the Financial Institution loan 4. Should the company borrow from the bank or from the financial institution?

0 Answers   IIRM,


Categories