The person incurring the highest amount of financial loss through exchange lost an amount of: (Answer the question after reading the following paragraph.)

DIRECTION: W, X, Y and Z are four friends, who do not mind exchanging items. X has two chessboards each costing Rs. 500, and a record player. Z originally had a cycle and a walkman. Each cricket bat costs Rs. 700. Both W and Z got a cricket bat from Y. X gave his record player costing Rs. 2000 to Y. Z get a camera costing Rs. 1500 from W. The cycle of z costs Rs. 1000 and the walkman are for Rs. 700. Y had three cricket bats at the beginning and W had two cameras the total cost of which is Rs. 5000. X gave one of his chessboards to Z and took Z’s cycle. Z gave his walkman to W.

Option A: Rs. 600

Option B: Rs. 1000

Option C: None

Option D: Rs. 500

Correct Answer

Option: c

Explanation

Sample Mock Tests for Practice

THE CONSTITUTION OF INDIA, 1949 (PAPER – 10 Q. NO. 316 TO 350)

THE TRANSFER OF PROPERTY ACT, 1882 (PAPER 08 Q.NO. 281 TO 320)

CLAT 2018

THE CONSTITUTION OF INDIA, 1949 (PAPER – 16 Q. NO. 526 TO 560)

The Hindu Marriage Act, 1955 (Paper 01: Q. 1 to 25)

THE COMPANIES ACT, 1956 (PAPER 01 Q. NO. 1 TO 19)

DELHI LOWER JUDICIAL SERVICES 2018-2

THE CODE OF CIVIL PROCEDURE, 1908 (PAPER – 07 Q. NO. 241 TO 280)

THE TRANSFER OF PROPERTY ACT, 1882 (PAPER 09 Q.NO. 321 TO 345)

MADHYA PRADESH LOWER JUDICIAL SERVICES 2018(2)

BIHAR LOWER JUDICIAL SERVICES 2018

CLAT 2014

PUNJAB LOWER JUDICIAL SERVICES 2019

HIMACHAL PARDESH LOWER JUDICIAL SERVICES 2012

THE MADHYA PRASESH LAND REVENUE CODE, 1959 (PAPER 01 Q. NO. 1 TO 30)

THE ARBITRATION AND CONCILIATION ACT, 1996 (PAPER 02 Q. NO. 31 TO 60)

AILET – National Law University Delhi Entrance Test (NLU 2021)

MADHYA PARDESH LOWER JUDICIAL SERVICES 2001

THE INDIAN CONTRACT ACT, 1872 (PAPER – 17 Q. NO. 561 TO 595)

THE HINDU MARRIAGE ACT, 1955 (PAPER -5 Q. NO. 101 TO 134)

GUJRAT LOWER JUDICIAL SERVICES 2022

THE SPECIFIC RELIEF ACT, 1963 (PAPER – 05 Q. NO. 141 TO 175)

AIBE-XIII-2018-II (BCI-DEC-2018-SET-A) (ALL INDIA BAR EXAM 2018-II)

THE CODE OF CIVIL PROCEDURE, 1908 (PAPER – 03 Q. NO. 81 TO 120)

HARYANA LOWER JUDICIAL SERVICES 2021

THE INDIAN EVIDENCE ACT, 1872 (PAPER – 07 Q. NO. 241 TO 280)

THE ADVOCATES ACT, 1961 (PAPER 01 Q. NO. 1 TO 10)

THE CODE OF CRIMINAL PROCEDURE, 1973 (PAPER – 17 Q. NO. 641 TO 680)

CLAT 2013

UTTARAKHAND LOWER JUDICIAL SERVICES 2019

THE HINDU SUCCESSION ACT, 1956 (PAPER 01 Q. NO. 1 TO 35)

THE CHHATTISGARH EXCISE ACT, 1915 (PAPER 01 Q. NO. 1 TO 8)

THE HIMACHAL PRADESH URBAN RENT CONTROL ACT, 1987 (PAPER 01 Q. NO. 1 TO 30)

ODISHA LOWER JUDICIAL SERVICES 2011

UTTARAKHAND LOWER JUDICIAL SERVICES 2018

G.K. ENGLISH – 01 GGSSS BNL