Jim was canoeing on a lake when a sudden thunderstorm blew in tipped his boat. He swam to a rocky island about a mile from his family’s cottage and found a small, abandoned shack. Inside was an old kerosene lamp and a few matches. All the wood on the island was too damp to burn and the lamp was his only means of signaling for help but it only held an inch of kerosene, not enough to reach its short wick. How did he get the lamp burning to summon help?
Knowing kerosene and water wouldn’t mix and kerosene is less dense than water, he dipped the lamp in the lake and filled it with enough water so the kerosene rose to the top to cover the wick. The lamp was still burning an hour later when a motorboat rescued him.
Early one morning Hal, the owner of a hardware store, sells a mailbox for $25 to Courtney that cost him $20 wholesale. Courtney pays with a $100 bill and Hal discovers he doesn’t have enough change. He runs to the jewelry shop next door, where Jack, the owner, gives him change in exchange for the $100. Later that afternoon, Jack discovers the $100 bill is a counterfeit and Hal pays him $100 to make it right.
The total loss was $95.
-$20 = The wholesale cost of the mailbox
$100 = The money from Jack
-$75 = The change paid to Courtney
-$100 = To pay Jack back
-$20 + $100 – $75 – $100 = -$95
It’s easy to think Hal lost $195 but that fails to account for the $100 used to make the change, which came from Jack, not Hal. Jack paid $100 in exchange for a worthless piece of paper, so the $100 was initially Jack’s loss. Hal had made a $5 profit until Jack’s discovery. If you guessed $100, that’s arguably correct, but not making $5 in profit isn’t a loss in the strictest sense of the word.
I am a word of meanings three.
Three ways of spelling me there be.
The first is an odour, a smell if you will.
The second some money, but not in a bill.
The third is past tense, a method of passing things on or around.
Can you tell me now, what these words are, that have the same sound?
Because Oct 31 represents the octal (base 8) number 31, which, when converted to decimal, is 25. Dec 25 is short for Decimal 25, thus the two are equal.
My first is twice in apple but not once in tart.
My second is in liver but not in heart.
My third is in giant and also in ghost.
Whole I’m best, when I am roast.
What am I?
Second. Second place is next to winning. Seconds, the measure of time, pass quickly. Seconding a motion is requested by the chair of the body in Parliament. And the second place finisher in many sporting events such as the Olympics is awarded the silver medal.
And as for why the unit of time is called a second, it goes back to the days of Ptolemy. A second of time is the second small part, or pars minuta secunda, of an hour. (Thanks to Tim J for researching it).