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Tuesday, September 15, 2009

Penny for your thought

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You probably have heard about this joke puzzle:
When it’s a penny for your thoughts and you put two cents in, who gets the other penny?
Having recently incurred substantial cost in exchanging INR to GBP, answer dawned on me suddenly while walking to work today. 2 cents corresponds to about 1.25 pennies. 0.25 penny is simply transaction cost of currency exchange. I feel pretty good now.