Where is the missing £1?

Question

Three people check into a hotel.

They pay £30 to the manager and go to their room.

The manager suddenly remembers that the room rate is £25 and gives £5 to the bellboy to return to the people.

On the way to the room the bellboy reasons that £5 would be difficult to share 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, totalling £27. The bellboy has £2, totalling £29.

Where is the missing £1?

Answer 1

The logic in the puzzle is wrong. If the debits and credits are properly accounted, account will tally. Total amount spent by the 3 people is 30-3=only 27. In that 2 was taken by Bell Boy. 25 for the room rent. Now the account tallies. So this puzzle only confuses the listener to make wrong calculation.