[198.] A, who is a dealer in horses, sells one to B for £55. B very soon discovers that he does not require the animal, and sells him back to A for £50. Now, A is not long in finding another customer for the horse: he sells it to C for £60. How much money does A make out of this transaction?
This question has been the cause of endless discussion and argument.
It might be as well to state that when A first sold the horse to B he neither made nor lost any money by the deal.
SCRIPTURAL FINANCE.
[199.] What is the earliest banking transaction mentioned in the Bible? The answer generally given to this is, “The check which Pharaoh received on the banks of the Red Sea, crossed by Moses & Co.” There is still an earlier instance: see if you can find it out.
[200.] How much tea at 6s. per lb. must be mixed with 12 lbs. at 3s. 8d. per lb. so that the mixture may be worth 4s. 4d. per lb.?