7. I have three letters.
I read the same forward and backwards.
I know you'll get the answer, I know you'll see.
It's a word that is important to you and me.
What word am I?
Three people check into a hotel. They pay $30 to the manager and go to their room. The manager finds out that the room rate is $25 and gives the bellboy $5 to return to the guests. On the way to the room the bellboy reasons that $5 would be difficult to split among three people so he pockets $2 and gives $1 to each person. Now each person paid $10 and got back $1. So they paid $9 each, totaling $27. The bellboy has another $2, adding up to $29.
Where is the remaining dollar?
This is a nice nonsense. Each guest paid $9 because they gave $30 and they were given back $3. The manager got $25 and the difference ($2) has the bellboy. So it is nonsense to add the $2 to the $27, since the bellboy kept the $2.
Let us imagine that you are standing at the southern-most point of the earth. Now on the eastern side of that point is an island and on the western side of that point is a lake. Which one is closer to you - the island or the lake - and why?
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