Riddles

Riddle: John and Dan

  • Category : Logic
  • Contributor : Riddle Admin
  • Rating: 2.11
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Can you solve this riddle?

John had only $2 but he needed $3 for his cab fare home. He went to a pawn shop and pawned his $2 for $1.50. John then bumped into Dan and told him that he would sell him his $2 pawn ticket for $1.50. Dan agreed. Since John started out with $2 and he ended up with $3, who is out the extra dollar and why?

Answer:

Dan is out the extra dollar. Before the pawn broker will return the $2 to the ticket holder, he will want the $1.50 which he advanced returned to him. Dan will give the pawn broker the ticket and the $1.50 and the pawn broker will then return the $2.

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