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Debate House Prices
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The nature of debt.
Comments
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IveSeenTheLight wrote: »I think you should go raid the piggy bank and do a physical check .
To help you: -
They all put in £10, making £30 in total.
They all get on pound back, making the effective kitty £27, with each friend having £1 in their pocket.
The shop owner puts the £25 from the kitty into the till to balance the gun value (kitty now only £2)
The shop owner pockets the £2 (kitty now £0)
THERE IS NO MISSING POUND
Now, from your definition, please explain: -
How can anyone chip in £8.33333333?
Your getting hung out to dry because your trying to total £30, instead of totalling £27 which is what the friends contributed to.
Dearie me. Re read.
The shopkeepr took a total of £30 from them. NOT 27. He RAN AFTER THEM to give them £3 back.
Like watching a slow motion car crash
You could however, if you are clever, twist your way out of this one by saying you read the question wrong, but that's the whoel point of a brain teaser
I'm getting hung out to dry!!! Oh I LOVE it!!:D 0 -
Guys, seriously you're giving the same answer.0
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Graham_Devon wrote: »Dearie me. Re read.
The shopkeepr took a total of £30 from them. NOT 27. He RAN AFTER THEM to give them £3 back.
Like watching a slow motion car crash
Your making the mistake of adding the shopkeepers £2 to the £27, instead of subtracting it.
If you won't take it from me, try this link
http://uk.answers.yahoo.com/question/index?qid=20070212112402AApcFyr:wall:
What we've got here is....... failure to communicate.
Some men you just can't reach.
:wall:0 -
Guys, seriously you're giving the same answer.
Were really not.
IN ISTL's definition, they only hand over to the shopkeeper £27 and walk out with £1 each.
However, the question states they hand over £30 and walk away, with no leftover cash.A man wants to buy a gun. The gun he wants to buy is £30.
The man only has £10, so he gets two of his friends to help out.
All three go into the shop with £10, £30 in total and buy the gun.
The store assistant realises his charged them £5 too much for it and runs after them.
Realising he can make sum money, he pockets £2.
He then catches up with them and gives them the remaining £3.
That’s £1 for each of them.
If they had only handed over £27, he wouldn't be able to pocket £2 and hand over £3. That totals £32. £2 more than what they had.0 -
IveSeenTheLight wrote: »Your making the mistake of adding the shopkeepers £2 to the £27, instead of subtracting it.
No, I'm not. I've added the shopkeepers £2 to the £25. Re-read. Again. I Implicitly stated the math.
I'm gonna sit back now.
This is too much fun.
Even your link states the item costs £25. Whats £25 divided by 3?!0 -
Graham_Devon wrote: »Were really not.
IN ISTL's definition, they only hand over to the shopkeeper £27 and walk out with £1 each.
However, the question states they hand over £30 and walk away, with no leftover cash.
If they had only handed over £27, he wouldn't be able to pocket £2 and hand over £3. That totals £32. £2 more than what they had.
!!!!!! graham I know you have trouble understanding house prices and the economy but this is basic stuff.
You both agree that the actual cost of the item was £25, you're just saying it in different ways.0 -
“The great enemy of the truth is very often not the lie – deliberate, contrived, and dishonest – but the myth, persistent, persuasive, and unrealistic.
Belief in myths allows the comfort of opinion without the discomfort of thought.”
-- President John F. Kennedy”0 -
Guys, seriously you're giving the same answer.
I don't believe we are and the fundamental difference is that each friend did not pay £8.333333, they paid £9 each.
In essence Graham is confusing maths with the fundamentals of currency (how do you split 1 penny three ways?) It can't be done.
They each paid £10 but then had £1 returned to them.
They in essence paid £9 each with the shop taking the £25 and the owner pocketing the £2.
THERE IS NO MISSING POUND:wall:
What we've got here is....... failure to communicate.
Some men you just can't reach.
:wall:0 -
!!!!!! graham I know you have trouble understanding house prices and the economy but this is basic stuff.
You both agree that the actual cost of the item was £25, you're just saying it in different ways.
Yep.
But the key is, ISTL's figures only come to £29.
The question was, wheres the pound if £30 was handed over....which it was.
Pimperne, I know you are reading this with a smile on your face, time to answer 0 -
IveSeenTheLight wrote: »They in essence paid £9 each with the shop taking the £25 and the owner pocketing the £2.
THERE IS NO MISSING POUND
Your still totalling £29.
They handed over £30.
You silly boy.0
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