Let's break down the problem step by step to find the loss and the remaining stock:
1. Initial Stock Value: The shopkeeper initially had a stock of cloth forks worth Rs. 1,60,000.
2. Value of Destroyed Merchandise: Due to a fire, merchandise worth Rs. 20,000 was completely destroyed.
3. Calculating the Loss:
- The loss incurred by the shopkeeper is equal to the value of the destroyed merchandise.
- Therefore, the loss is Rs. 20,000.
4. Calculating the Remaining Stock:
- To find the value of the remaining stock after the fire, subtract the value of the destroyed stock from the initial stock value.
- Remaining stock value = Initial stock value - Value of destroyed merchandise
- Remaining stock value = Rs. 1,60,000 - Rs. 20,000
- Remaining stock value = Rs. 1,40,000
So, the loss incurred by the shopkeeper is Rs. 20,000, and the value of the remaining stock is Rs. 1,40,000.
