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 ?

I haven't rechecked this problem for a while, but Ravi in reponse to your question, here is the reason behind all profit. All of them start off in debt to someone else. Even if people owe them money, that can't be counted as tangible value because no one can for sure say that they are going to be payed back due to bankruptsy and such things. So each person then loses a 100 rupee debt that they could be forced to pay, because if they don't go bankrupt then the court could force the to pay it, and actually pay it with nothing. It wouldn't matter if the note was real, except then the person speaking would actually make 200 due to the true value of the rupee. Its just how you veiw the owing someone money thing, I never expect to get paid back if I give them money because it might not happen even to the most reliable people.

Posted by Jon on 2003-05-09 09:29:04