Puzzle 33 | ( Rs 500 Note Puzzle ) Last Updated : 19 Jan, 2023 Comments Improve Suggest changes 211 Likes Like Report A Lady (L) bought an item of Rs 100 from the Shopkeeper (C). She paid him through a 500 Rs Note. Realizing that he did not have change, the shopkeeper C got change for that note from another shopkeeper (S) and paid Rs 400 to the Lady. After a few days, S realized that the note is fake, And this railed at C and took 500 Rs back from him. So in this whole process how much money did C lose in the end? Answer: 500 Explanation: The total loss for shopkeeper = 500 ( given back to the person who had provided the change ) Consider a transaction box, the lady came with a counterfeit 500 Rs note which can be considered of 0 value. Now the lady took the item (cost of the item 100 Rs ) and 400 Rs (the change given by shopkeeper(C) to the lady) from the transaction box, total of 500 Rs. Now the equivalent amount should be lost by someone, thus shopkeeper(C) lost 500 Rs. Another shopkeeper(S) gave 500 Rs and took back the same amount hence no loss for him. Create Quiz Comment K kartik 211 Improve K kartik 211 Improve Article Tags : Aptitude Analytical Mathematical Puzzles Explore Aptitude Questions and Answers 3 min read Quantitative AptitudeNumbers 12 min read Ages 5 min read Profit and Loss 6 min read Average - Solved Questions and Answers 6 min read Time Speed Distance 7 min read Logical ReasoningNumber Series 5 min read Statement and Argument 3 min read Alphanumeric Series 5 min read Theme Detection - Solved Questions and Answers 6 min read Letter Series 2 min read Verbal ReasoningDirection Sense 4 min read Verbal Analogies 2 min read Venn Diagrams 2 min read Blood Relation 5 min read Course of Action 2 min read Verbal AbilitySynonyms 1 min read Idioms and Phrases 5 min read Change of Speech 3 min read Cloze Test 3 min read Change of Voice 5 min read One Word Substitutes 3 min read Non-Verbal ReasoningMirror Image: Verbal Reasoning 5 min read Embedded Images 2 min read Pattern Completion 2 min read Non Verbal Reasoning : Paper Folding 6 min read Cubes and Dice Reasoning Questions: Practices, Tricks(PDF Download) 6 min read Picture Analogies Questions - Non Verbal Reasoning 4 min read PracticeOnline Aptitude Test: For Jobs, Placements, and More 5 min read Like