Wednesday, 22 September 2010

Finance special

From: Prabhsharan Singh Kang

A city boy, Raju, moved to the country and bought a donkey from an old farmer for Rs 100. The farmer agreed to deliver the donkey the next day.

The next day the farmer drove up and said, "Sorry son, but I have some bad news, the donkey died last night."

Raju replied: "Well then, just give me my money back."

The farmer said: "Can't do that. I went and spent it already."

Raju said: "OK then, just unload the donkey.."

The farmer asked: "What you gonna do with him?"

Raju: "I'm going to raffle him off." (Note: To raffle is to sell a thing by lottery - draw lot - to a group of people each paying the same amount for a ticket)

Farmer: "You can't raffle off a dead donkey!"

Raju: "Sure I can. Watch me. I just won't tell anybody he's dead."

A month later the farmer met up with Raju and asked, "What happened with that dead donkey?" Raju: "I raffled him off. I sold 500 tickets at two rupees a piece and made a profit of Rs. 898."

Farmer: "Didn't anyone complain?"

Raju: "Just the guy who won. So I gave him back his two rupees."

Raju grew up and eventually became the Chairman of Satyam.

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