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John And Dan Riddle


John had only $2 but he needed $3 for his cab fare home. He went to a pawn shop and pawned his $2 for $1.50. John then bumped into Dan and told him that he would sell him his $2 pawn ticket for $1.50. Dan agreed. Since John started out with $2 and he ended up with $3 who is out the extra dollar and why?

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