You may have seen this before, but what's the answer?

[tenrec]

You see a shirt for £97, but
You don't have the money, so you borrow £50 off you're Mum and £50 off you're Dad.
£50+£50=£100, right?
... ...
You buy the shirt and have £3 change, you give £1
to you're Mum, £1 to you're dad and you keep £1 to yourself.

Now you owe them both £49.

£49+£49=£98 + YOUR £1 = £99

Where is the
missing £1?

[missprim]

It isn't in my pocket!!

[tenrec]

Thanks Missprim

[jno]

there is no £100. You borrowed £98 for a £97 shirt and kept the £1 difference.

[tenrec]

No jno, I borrowed £50 from my mum and same from my dad?

[tenrec]

Oh, sorry I think I understand!!! Doh!

[DTCwordfan]

Got an interview for a banking job tomorrow, tenrec? You'll make a good banker with the logic above.

The answer has been given and the same question was on AB about 6 to 8 weeks ago.

[looobylooo]

£97 for a shirt!? .... stone the crows!

[daisya]

The other £1 is totalled within the £98 you've added up as the shirt only came to £97

[tenrec]

I don't get to read every question here DT.
I've no intention of working in a bank thanks. Good luck with your interview!

[tenrec]

Thanks for your replies everyone.

[mrs.chappie]

Well it's got me baffled. :o(

[jno]

it was a very nice shirt, looobylooo, with real gold thread.

[missprim]

I still don't get it. If you borrowed £50 of your Mum and Dad for a shirt and the shirt costs £97 why didn't you just give them £1.50 each and it would save all the confusion :-)

[Gizmonster]

There is no missing pound:
"You buy the shirt and have £3 change, you give £1 to your mum, £1 to your dad and keep £1 to yourself" <-------- CORRECT
"Now you owe them both £49" <--------- CORRECT
£49 + £49 = £98 + YOUR £1 = £99 <-------- WRONG
You are £98 in debt (£49 each to your mum and dad) and you have £98 worth of goods (a shirt worth £97 and £1 in cash) - everything balances as it should.

[looobylooo]

....gold thread you say?!

[tenrec]

Now, Gizmonster, that is the sort of explanation that I really do understand, thank you.

[looobylooo]

hmmm.... baffled here too .... :o/

[mrs.chappie]

Ah, I think I know where the missing pound is.

Some joker glued it to the pavement but my brother had the last laugh. He got a hammer and chisel from his van and hammered it off the pavement (true story).

[looobylooo]

ah haa .... not so baffled now! ... thank you gizmonster ;o}

[tenrec]

Going to bed now, I've got to be up early to return the shirt to the shop!!!