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        riddles >> medium >> Returning money-Riddle
        
(Message started by: jonathan3909 on Mar 2^nd, 2012, 9:58pm)

Title: Returning money-Riddle
Post by jonathan3909 on Mar 2^nd, 2012, 9:58pm

On a certain day , I visited the mart and found out that I had no money in my pocket. Luckily I found two of my close friends already shopping there.I told them about my situation and so one of them gave me a loan of a single $1000 bill and the other a $500 bill.
On my way back I lost the $1000 bill and was left with a $500 bill.
With this $500 bill , I bought some items worth $300 , and was left with $200.
Out of this , I gave a $100 buck , back to my friend who had lend me a $1000 and a $100 buck to the other friend who had lend me $500.
Now I have to give one of my friend $900 and $400 to the other so that I can repay the whole loan.
In other words I still have to pay a total of [900 +400] = $1300.
However I had also bought some items worth $300 so in total I have to return [900+400+300] = $1600 but I had only lend a loan of $1500.
SPOT THE MISTAKE IN THE ABOVE LINES.

"
aSSUME THAT $1000 AND $500 BILLS EXIST

Title: Re: Returning money-Riddle
Post by Grimbal on Mar 5^th, 2012, 12:43am

[hide]Why do you have to return the $300? And to whom? You paid that amount once already.[/hide]