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John and Dan Riddle

Riddle Info
Category : Math
Rating : 2.53
Contributor : n/a
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Question

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

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