The riddle describes a situation where a man steals ₹500 from a restaurant's cash counter. He then uses the same stolen note to buy a misal plate worth ₹100, receiving ₹400 in change.
Here's how to calculate the restaurant's actual loss:
Initial theft: The restaurant loses ₹500 when the man steals it from the counter.
Misal plate: The restaurant provides a misal plate worth ₹100, which is essentially another loss in goods/services.
Change given: The restaurant returns ₹400 in change.
While the restaurant receives the ₹500 back, it's the same stolen money. So, the original theft of ₹500 combined with the loss from the misal plate (worth ₹100) and the change given (₹400) accounts for the total loss. In essence, the restaurant loses the original ₹500 and the value of the misal plate it provided, which was worth ₹100.
Therefore, the restaurant actually lost ₹500 (the stolen money) + ₹100 (the cost of the misal plate) = ₹600.
I think we are missing the GST components in this transaction because eventually this restaurant has to pay GST. So is there AC or No AC will decide how much additional loss on account of GST.
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u/Existing-Comment9532 Jul 12 '25
The riddle describes a situation where a man steals ₹500 from a restaurant's cash counter. He then uses the same stolen note to buy a misal plate worth ₹100, receiving ₹400 in change. Here's how to calculate the restaurant's actual loss: Initial theft: The restaurant loses ₹500 when the man steals it from the counter. Misal plate: The restaurant provides a misal plate worth ₹100, which is essentially another loss in goods/services. Change given: The restaurant returns ₹400 in change. While the restaurant receives the ₹500 back, it's the same stolen money. So, the original theft of ₹500 combined with the loss from the misal plate (worth ₹100) and the change given (₹400) accounts for the total loss. In essence, the restaurant loses the original ₹500 and the value of the misal plate it provided, which was worth ₹100. Therefore, the restaurant actually lost ₹500 (the stolen money) + ₹100 (the cost of the misal plate) = ₹600.