While walking in a park, one morning, I found a Hundred Rupee note on one of the park benches. I picked it up, noted the number and took it home.

In the afternoon the plumber called on me to collect his bill. As I had no other moey at home, I settled his account with the Hundred Rupee note that I had found.

Later I came to know that the plumber paid the note to his milkman to settle his monthly account , who paid it to his tailor for the garments he had made.

The tailor in turn used the money to buy an old sewing machine, from a woman who lives in my neighbourhood. This woman incidentally, had borrowed Hundred Rupees from me sometime back to buy some household appliance. She, remembering that she owed me a Hundred Rupees, came and paid the debt.

I recognized the note as the one that I had found on the park bench, and on careful examination, I discovered that the note was counterfeit.

How much was lost in the whole transaction and by whom ?

(In reply to The solution is incorrect. by blah)

I think the problem just means between everyone in the problem. We can assume the counterfeit note goes to good use and is not of importance; we don't know that it didn't cost exactly 0 dollars to produce it.

Posted by Gamer on 2003-12-21 18:25:09