I Have 1000 Cash On Hand, On My Bank Account I Have 1000 (Answer)

I Have 1000 Cash On Hand Riddle (Answer & Explanation)

I HAVE 1000 CASH ON HAND – Understand the statement and find the answer. Here is the full riddle:

I have 1000 cash on hand, and on my bank account, I had left 1000 cash. And I withdraw half of 500. Now, how much money I have?

The answer to the riddle is simple: 1250. Given that you have 1000 cash on hand and you also have another 1000 in your bank, withdrawing half of 500 means you added 250.

I Have 1000 Cash On Hand, On My Bank Account I Have 1000 (Answer)

Now, the cash that you have on hand would be equal to 1250. This is because you withdrew 250 (half of 500) and you already had 1000.

However, others would argue that the correct answer is 2000. This would be the answer if the question was “how much money do I have”, rather than how much money do I have on hand.

As long as you didn’t spend the money you withdraw, you would still have the total amount of money although some of it is still left in the bank.

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