Cool Money Riddle

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Cool money riddle
 Bismarck.Helixx
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By Bismarck.Helixx 2011-02-10 18:03:24
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This presents us with a real problem with money and numbers in a simple story problem.
3 guys decide to rent a hotel room for a night. The cost of the room is $30 a night. So they decide to split it $10 each.
Then, the receptionist remembers that the room is really only $25 a night. So she gives the bellboy the extra $5 to bring to the three guys in their room. On his way, the bellboy steals $2... and when he arrives at the room, gives the men $1 each.
Since each of the original men paid $10 originally but received back $1, each really only spent $9.. right? Well if they each spent only $9, 9x3=27, including their $2 that the bellboy stole only makes $29. During this transaction, $1 has been lost to fractions unable to be divided in money!

Found this on the interwebs. I know how this works, figured it out, but wanted to share with you guys. Have fun working your brains.
 Bahamut.Dasva
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By Bahamut.Dasva 2011-02-10 18:06:05
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This was posted before I believe. And it's not that hard at all to figure out
 Asura.Teleniel
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By Asura.Teleniel 2011-02-10 18:11:54
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bad math is bad math.

each guy spent 9$ counting the 2$ the bell hop stole
9x3 = 27$ + 3$ = 30$

You have miss represented where the 2$ comes into play in the function.
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 Ramuh.Vinvv
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By Ramuh.Vinvv 2011-02-10 18:16:38
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Asura.Teleniel said:
bad math is bad math.

each guy spent 9$ counting the 2$ the bell hop stole
9x3 = 27$ + 3$ = 30$

You have miss represented where the 2$ comes into play in the function.
exactly what I was gonna say.
 Phoenix.Amael
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By Phoenix.Amael 2011-02-10 18:20:03
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This is an old riddle. Wiki though explains it way better than i would articulate:

wikipedia said:
The initial payment of $30 is accounted for as the clerk takes $25, the bellhop takes $2, and the guests get a $3 refund. It adds up. After the refund has been applied, we only have to account for a payment of $27. Again, the clerk keeps $25 and the bellhop gets $2. This also adds up.

There is no reason to add the $2 and $27 – the $2 is contained within the $27 already. Thus the addition is meaningless. Instead the $2 should be subtracted from the $27 to get the revised bill of $25.

This becomes clearer when the initial and net payments are written as simple equations. The first equation shows what happened to the initial payment of $30:

$30 (initial payment) = $25 (to clerk) + $2 (to bellhop) + $3 (refund)

The second equation shows the net payment after the refund is applied (subtracted from both sides):

$27 (net payment) = $25 (to clerk) + $2 (to bellhop)

Both equations make sense, with equal totals on either side of the equal sign. The correct way to get the bellhop's $2 and the guests $27 on the same side of the equal sign ("The bellhop has $2, and the guests paid $27, how does that add up?") is to subtract, not add:

$27 (final payment) - $2 (to bellhop) = $25 (to clerk)
 Phoenix.Amael
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By Phoenix.Amael 2011-02-10 18:23:20
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and btw
Quote:
This presents us with a real problem with money and numbers in a simple story problem.
3 guys decide to rent a hotel room for a night. The cost of the room is $30 a night. So they decide to split it $10 each.
Then, the receptionist remembers that the room is really only $25 a night. So she gives the bellboy the extra $5 to bring to the three guys in their room. On his way, the bellboy steals $2... and when he arrives at the room, gives the men $1 each.
Since each of the original men paid $10 originally but received back $1, each really only spent $9.. right? Well if they each spent only $9, 9x3=27, including their $2 that the bellboy stole only makes $29. During this transaction, $1 has been lost to fractions unable to be divided in money!

A few months later, two of the original three guests check into a hotel room in the same hotel. The clerk says the bill is $20, so each guest pays $10. Later the clerk realizes the bill should only be $15. To rectify this, he gives the bellhop $5 to return to the guests. On the way to the room, the bellhop realizes that he cannot divide the money equally. As the guests didn't know the total of the revised bill, the bellhop decides to just give each guest $1 and keep $3 for himself.

Now that each of the guests has been given $1 back, each has paid $9, bringing the total paid to $18. The bellhop has $3, so $18 + $3 = $21, and the guests originally handed over $20, so that's where the missing dollar from the original problem is!
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