can anyone solve this

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janez

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Post by janez » Fri Oct 21, 2011 4:37 pm
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i want to buy a coat for £97 i borrow £50 off my mum and £50 off my dad leaving me with £3 change. i keep a £1 for myself and give my dad £1 back and my mum £1 back so i owe my mum £49 and my dad £49 which equals £98, pus the £1 i kept, equals £99, what happened to the other £1
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Shining

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Post by Shining » Fri Oct 21, 2011 5:39 pm
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it is the words that are confusing!

£50 borrowed plus £50 borrowed = £100 you spent £97 leaving you with £3 change.

You paid back Mum £1 and Dad £1 so you actually only borrowed £98.
The £1 that is left is the change left from the £97 you originally spent out of the total amount borrowed, I think!
IVA final payment left the bank on the 26th January 2013...looking forward to a debt free future.
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Foggy

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Post by Foggy » Fri Oct 21, 2011 5:40 pm
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You left it in the trolley release mechanism !!!!
My opinions are merely that .. opinions based on experience. Always seek professional advice.
IVA Completed 23rd July 2013 .... C.C. 10th January 2014
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Andy1964

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Post by Andy1964 » Fri Oct 21, 2011 5:43 pm
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Drat, Foggy just beat me to that!
If we all threw our problems in a pile and saw everyone else’s, we’d grab ours back.

Funds paid to date accepted as F&F 16th August 2013, the wait for completion begins.
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Foggy

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Post by Foggy » Fri Oct 21, 2011 5:55 pm
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Andy1964 wrote:

Drat, Foggy just beat me to that!

[:p]
My opinions are merely that .. opinions based on experience. Always seek professional advice.
IVA Completed 23rd July 2013 .... C.C. 10th January 2014
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