Quantnotes.com
Help Contact
Fundamentals
Publications
Software & Data
Book Reviews
Job Listings
Event Listings
Forums
Edutainment
Useful Links
About Us

:: Recommended ::

 

:: Collaborations ::

:: QF Journal ::

 

:: Car Hire Problem ::

John hired a car at a cost of £15 per day to take him to Oxford and back again in the evening. When he got halfway on his outward journey he met a friend, gave him a lift to the town and brought him back to the point where he picked him up in the morning.

There is a dispute about the payment. How much should John charge his passenger for his share of the motor hire?

Answer: 5 pounds.

Back for more

 

Copyright © 2001-05 Quantnotes.com. All rights reserved. Legal Notice | Privacy Notice