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Super Pawn (Posted on 2006-04-07) Difficulty: 1 of 5
Bob has an idea on how to make some extra cash. He pawns $30 at the local pawn shop for $15. Then he goes to the pub next door and sells the $30 pawn ticket to Jim for $20. It looks like both make money on the deal. Is that true? Who gets the short end of the transaction? Is it Bob, Jim, or the pawn shop?

No Solution Yet Submitted by Wallace North    
Rating: 2.0000 (1 votes)

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Solution Quick way out (SPOILER) | Comment 1 of 7
If Bob wins $5, and the pawn shop gets even (when the ticket is redeemed) Jim must be the loser.

(He is dumb, too: he pays $20, and then $15 to the pawn shop, in order to get $30...)

  Posted by e.g. on 2006-04-07 08:24:14
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