In US, 10 Canadian dollars are equivalent to 9 US dollars and in Canada 10 US dollars are equal to 9 Canadian dollars (due to supply demand difference). A person who lives near the border, goes to a US pub and buys a US dollar worth of beer and gives a 10 US dollar note and gets back 10 Canadian dollar. Then he crosses border and buys a beer at Canadian pub and gives a 10 Canadian dollar note and gets back a 10 US dollar note!!
Menu
Open clhallege puzzle for ca students n all
Replies (3)
the beer cost u 1USD,
Nd 10CD = 9USD, and u paid 10USD,which means u paid for the beer i.e. 1USD + u exchanged 9usd for 10 cd
And vice versa
Hence proved
what is the great logic here....
I think the question is who is paying for his beer :P
Recent Topics :
- Gst input credit
- CAN PARTNERSHIP FIRM SIGN SERVICE AGGREMENT WITH A
- E-waybill
- Sell of CAFC books
- ITC ON RENT
- GSTR-9 Table 8A Portal and Excel Issues
- IGST on Commercial Rental Income (Different State)
- Revocation of suo moto cancelled GST registration
- Is there any faculty taking chapterwise test in CA
- Late Fees and Interest
Related Topics :
CAclubindia
