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Around The World (Posted on 2003-03-20) Difficulty: 4 of 5
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 ?

  Submitted by Ravi Raja    
Rating: 3.4643 (28 votes)
Solution: (Hide)
Nothing was lost or gained. The person who found the note settled his plumber's account using that note, 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 and the tailor in turn used the money to buy an old sewing machine, from a woman who lives in the neighbourhood of the person who found the note. Now the woman owed the author a Hundred Rupees and she came and paid the debt using the same note, thus forming a complete circlewith the note returning back to the person who found it.
Therefore, we see that everybody who was paid the money used the money and got 100 rupees worth of something and hence there are no losses/gains because the net loss/gain circles back on the author, thus canceling everything.

Another possible reasoning that we can give for the problem regarding the gains and losses after all the transactions are over is:
We can also say that all the transactions carried out through the counterfeit note are invalid, and therefore everybody stands in relation to his/her debtor just where he/she was before I picked up the note.

Comments: ( You must be logged in to post comments.)
  Subject Author Date
No SubjectRamas Cargo2022-10-12 01:54:37
faux locs wigLunea Perez2022-03-08 22:58:02
re: Round robinNorman Harris2021-05-31 02:56:15
100th CommentChris, PhD2012-08-14 02:04:49
SolutionRupeesMath Man2011-05-01 14:21:50
SolutionSolutionPraneeth2007-08-29 06:30:51
Full 0Genesis Rowley2007-03-22 09:45:33
SolutionPuzzle SolutionK Sengupta2007-03-15 04:01:00
Spend it and make $100 Rupees!Kirk Adams2005-01-12 04:12:02
as for the counterfeiterwhome?2005-01-02 20:27:28
Neither loss nor gain.R.Kesavan2004-11-24 14:17:59
re(2): difficulty levelDetti2004-10-06 13:56:55
re: difficulty levelbob9092004-10-06 03:42:24
difficulty levelDetti2004-10-05 10:40:04
Hints/Tipsi thinkDetti2004-10-05 10:36:11
Unbelievablebob9092004-09-30 06:35:26
re: CurrencyGamer2004-07-09 08:54:50
CurrencyJenny Turner2004-06-05 04:16:27
No SubjectSteve Royer2004-03-27 02:18:44
re(2): The solution is incorrect.Jackie2003-12-29 17:10:22
re: The solution is incorrect.Gamer2003-12-21 18:25:09
The difficulty level is incorrect too.Drew Skau2003-12-21 03:27:01
The solution is incorrect.Drew Skau2003-12-21 03:23:21
Solution...solutionkrdmt5_0002003-12-15 16:23:17
No Subjectkrdmt5_0002003-12-15 16:19:11
Solutionre: ummLewis2003-08-06 16:44:13
re(2): ???luvya20032003-05-16 11:10:54
my previous solution...Jon2003-05-09 09:29:04
re: ummRavi Raja2003-05-09 04:35:46
re: ummRavi Raja2003-05-09 04:29:43
Too easyCara2003-05-08 11:04:13
re: ummRavi Raja2003-05-08 04:53:57
re(9): The solutionRavi Raja2003-05-08 04:51:51
re(7): The solutionRavi Raja2003-05-08 04:48:07
re(8): The solutionRavi Raja2003-05-08 04:43:29
QuestionummTristan2003-05-02 22:00:39
SolutionsolutionLewis2003-04-20 23:22:25
re(8): The solutionGamer2003-04-20 09:23:13
re(7): The solutionGamer2003-04-20 09:17:54
re(6): The solutionCharlie2003-04-20 04:36:10
re(5): The solutionRavi Raja2003-04-19 23:04:12
re(5): The solutionRavi Raja2003-04-19 22:54:24
re(4): The solutionCharlie2003-04-18 09:29:12
re(3): The solutionRavi Raja2003-04-17 23:41:03
re(3): The solutionRavi Raja2003-04-17 23:34:52
re(2): The solutionCharlie2003-04-16 05:07:39
re: Yes,an idiot. A stupid idiot.Ravi Raja2003-04-15 21:55:48
re: The solutionRavi Raja2003-04-15 21:55:14
Yes,an idiot. A stupid idiot.Tim Axoy2003-04-14 10:54:20
The solutionCharlie2003-04-14 08:40:16
re: SOLUTIONRavi Raja2003-04-13 04:27:49
re: here's a goRavi Raja2003-04-13 04:22:46
re(3): The SolutionRavi Raja2003-04-13 04:17:53
re(3): The SolutionRavi Raja2003-04-13 04:14:50
re: an new idea in the subjectRavi Raja2003-04-13 04:09:37
re: could it be?Ravi Raja2003-04-13 04:04:27
here's a goSteven2003-04-12 19:46:06
re(2): The SolutionJon2003-04-11 10:17:45
an new idea in the subjectJon2003-04-11 10:14:32
could it be?Charming2003-04-07 07:33:18
Regarding The SolutionRavi Raja2003-04-02 23:00:41
re(3): who lost in the transaction?Ravi Raja2003-04-02 22:51:38
re(3): who lost in the transaction?Ravi Raja2003-04-02 22:46:07
re(2): who lost in the transaction?Jonathan Waltz2003-04-01 05:51:26
re: possible solRavi Raja2003-03-31 23:37:27
re: who lost in the transaction?Ravi Raja2003-03-31 23:34:40
re: The SolutionRavi Raja2003-03-31 23:25:39
Solutionpossible solhj2003-03-31 11:54:37
who lost in the transaction?gavin2003-03-31 03:32:20
insoluble?Trevor John Streeton2003-03-28 21:53:49
The Solutioncharles2003-03-27 14:18:56
re(5): as i see itphunnyboy22003-03-27 06:45:42
re(4): as i see itFernando2003-03-27 06:40:44
re(3): as i see itRavi Raja2003-03-27 03:22:56
re: re I think this is the solutionRavi Raja2003-03-27 03:17:42
re(3): I think this is the solutionRavi Raja2003-03-27 03:12:05
re(2): as i see itFernando2003-03-27 01:52:35
re(2): I think this is the solutionHelen2003-03-27 01:36:16
re: as i see itRavi Raja2003-03-26 19:57:59
as i see itJonathan2003-03-26 07:04:50
Changes have been made LevikRavi Raja2003-03-26 03:59:14
re: SOLUTIONRavi Raja2003-03-26 03:38:48
re: maybeRavi Raja2003-03-26 03:28:22
re: Around The WorldRavi Raja2003-03-26 03:19:23
re: I think this is the solutionRavi Raja2003-03-25 22:16:01
re(2): Jonny Jonny........Ravi Raja2003-03-25 21:46:42
re(4): Jonny Jonny........Ravi Raja2003-03-25 21:39:58
re: SOLUTIONRavi Raja2003-03-25 21:36:15
SolutionSOLUTIONlevik2003-03-25 11:46:35
re(3): Jonny Jonny........DJ2003-03-25 06:47:00
re(2): Jonny Jonny........Ravi Raja2003-03-25 03:21:35
Solution (I think)Tara Zugibe2003-03-24 12:19:14
re: Jonny Jonny........Jonny Doe2003-03-24 05:07:52
Jonny Jonny........Ravi Raja2003-03-23 20:35:06
re:Ravi Raja2003-03-23 20:23:30
No Subjectrobert2003-03-23 19:18:20
re(2): maybeRavi Raja2003-03-23 19:18:19
re: maybeRavi Raja2003-03-23 19:12:30
re: maybeSarah2003-03-23 12:42:16
maybeSarah2003-03-23 12:39:26
SolutionsolutionRajat2003-03-22 12:40:06
re(5): Possible SolutionRavi Raja2003-03-21 21:41:44
re(3): Around The WorldRavi Raja2003-03-21 21:37:25
SolutionRound robinTomM2003-03-21 17:15:27
re(4): Possible SolutionJonny Doe2003-03-21 07:46:39
re(2): Around The WorldHelen2003-03-21 04:45:50
re: Around The WorldRavi Raja2003-03-21 03:30:35
re(4): Possible SolutionRavi Raja2003-03-21 03:26:33
re: Around The WorldRavi Raja2003-03-21 03:14:02
re: ???Ravi Raja2003-03-21 03:11:40
re(3): Possible SolutionRavi Raja2003-03-21 03:06:40
re(4): Possible SolutionRavi Raja2003-03-21 03:03:31
re(3): Possible SolutionDJ2003-03-20 22:37:35
re(2): Possible SolutionRavi Raja2003-03-20 20:56:46
re(2): Possible SolutionRavi Raja2003-03-20 20:52:06
re: Possible SolutionRavi Raja2003-03-20 20:46:17
SolutionAround The WorldBill2003-03-20 12:15:25
???luvya20032003-03-20 11:54:57
re(3): Possible SolutionDJ2003-03-20 08:39:14
re(2): Possible SolutionJonny Doe2003-03-20 07:02:36
re: Possible SolutionDJ2003-03-20 06:24:15
Possible SolutionJonny Doe2003-03-20 05:23:23
re(4): I think this is the solutionRavi Raja2003-03-20 05:06:07
re(3): I think this is the solutionlevik2003-03-20 04:56:44
Solutionre I think this is the solutionHelen2003-03-20 04:18:25
re(3): I think this is the solutionRavi Raja2003-03-20 03:35:10
re(2): I think this is the solutionRavi Raja2003-03-20 03:31:22
re: I think this is the solutionRavi Raja2003-03-20 03:23:32
re: I think this is the solutionRavi Raja2003-03-20 03:19:19
SolutionsolutionCharlie2003-03-20 03:15:03
Some Thoughtsre(2): I think this is the solutionfriedlinguini2003-03-20 02:57:05
Solutionre: I think this is the solutionlevik2003-03-20 02:01:36
SolutionI think this is the solutionHelen2003-03-20 01:19:52
Hints/TipsNo SubjectGamer2003-03-20 01:11:47
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