THE BICYCLE THIEF.
(
Money Puzzles)
Here is a little tangle that is perpetually cropping up in various
guises. A cyclist bought a bicycle for L15 and gave in payment a cheque
for L25. The seller went to a neighbouring shopkeeper and got him to
change the cheque for him, and the cyclist, having received his L10
change, mounted the machine and disappeared. The cheque proved to be
valueless, and the salesman was requested by his neighbour to refund the
amount he had received. To do this, he was compelled to borrow the L25
from a friend, as the cyclist forgot to leave his address, and could not
be found. Now, as the bicycle cost the salesman L11, how much money did
he lose altogether?
Read Answer
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