Thief once got hold of coin which read 250 B.C. so he understood it is an ancient coin and wanted a great price for it and one day he read something that lit his eyes. He saw "We buy BC coins at the rate of 100 $ per year old starting at $10,000 for the first year".
How much money can the thief expect.
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Mentor
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| 14Oct2009,19:42 | #2 |
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He can expect $0 and a pair of handcuffs - no coin would ever have a BC date on it! So the advert would have been posted by police looking for dumb criminals.
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Go4Expert Founder
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| 15Oct2009,18:09 | #3 |
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Every coin here in India have a manufacturing date on it.
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~ Б0ЯИ Τ0 С0δЭ ~
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| 15Oct2009,18:50 | #4 |
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I guess it's this way :
Net amount (expected) = $10,000 + ($100 *248) = $10,000 + $24,800 = $34,800 $10,000 for first year and $100 for each of the rest 248 years. ![]() [See : Wikipedia] |
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Invasive contributor
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| 15Oct2009,18:54 | #5 |
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I knew that wasn't the answer that shabbir was looking for
![]() My answer: $235700 Since the current year is 2009AD and the coin dates back to 250BC. So the difference in yrs is 2009-(-250) = 2259 And the prize is only for old coins so current year would not yield any money 2259-1=2258 and $100/year and $10,000 for first year so... 2257*100+10000 = 235700 |
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Invasive contributor
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| 15Oct2009,18:56 | #6 |
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hmm, even sp's got the point, that the deals only for BC coins, so 2009 yrs does not make any money
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Skilled contributor
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| 15Oct2009,20:36 | #7 |
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1. He is said to be a thief in the first place.
2. A coin that old must be handed over to archies. If he holds it, he is a double thief then. Arrest him immediately. |
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Invasive contributor
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| 16Oct2009,01:19 | #8 |
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@Shabbir: Can we have have the answer now?
It's been 2 days. Even the thief has got bored whether he will get the money or the handcuffs ![]() ![]() ![]() ![]() ![]()
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Go4Expert Founder
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| 16Oct2009,09:00 | #9 |
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249*100+10,000
SP how 248 years. 1 BC would be $10k 2 BC would be $10k+$100 . . . |
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Invasive contributor
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| 16Oct2009,13:21 | #10 |
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so again you get your $ back
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