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NGO Darpan CSR-1 80G 12A Trust Deed
Competition

Samasya Khoj


Identify Problems. Inspire Innovation.
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Problem ID: 1000846
🧠 Problem Title: Loss of Consumer Money Due to Rounding-Off of Small Currency Values
📝 Problem Description

In daily transactions, the final price of goods and services may include paise values such as ₹180.05, ₹99.50, or ₹56.25. However, due to the limited use and availability of small-denomination coins, customers often pay a rounded amount instead of the exact value.
In many situations, amounts may be rounded up to the nearest rupee, causing consumers to pay slightly more than the displayed price. While the difference in a single transaction may appear small, repeated occurrences across a large number of transactions can result in significant cumulative monetary impact.
I have observed that many consumers either ignore small differences or are unable to receive the exact balance due to practical limitations in handling paise-level transactions.
This problem highlights the gap between pricing systems and the practical realities of currency usage in everyday transactions.

⚡ Impact
Hundreds and more
🌍 Impact Area
Universal
📊 Scope
National
📌 Place
Universal
⏱ Occurrence
Frequently
⚠ Life Risk
No
💰 Financial Loss
Lakhs or more

👤 Name
Sahas Yadav
🎓 Class
11
📍 State
Uttar Pradesh