A city boy, Kenny, moved to the country and bought a donkey from an old farmer for $100.00. The farmer agreed to deliver the donkey the next day, so early in the morning he drove over to Kenny's.

Farmer: "Sorry son, I have some bad news, the donkey died."

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

Farmer: "Can't do that. I went and spent it already."

Kenny: "OK then, just unload the donkey."

Farmer: "What ya gonna do with him?"

Kenny: "I'm going to raffle him off."

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

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

A month later the farmer met up with Kenny.

Farmer: "What happened with that dead donkey?"

Kenny: "I raffled him off. I sold 500 tickets at two dollars a piece and made a profit of $898.00."

Farmer: "Didn't anyone complain?"

Kenny: "Just the guy who won. So I gave him his two dollars back."

Genius!

Seems to me with my limited math skills that he gave him $102.00 back.

Well, he grossed $1,000

From that $1,000 he paid farmer and $100 and paid $2 to the winner, so... profit of $898

LOL, yep. Forgot the $100 to the farmer. Told you, limited math skills. Good thing i'm in accounting.