What is both possible and impossible at the same time?

A boy purchased a book from a bookkeeper and gave him $100.
The cost of the book is $50 but the bookkeeper has no change, so he gets the change from the next shop and returns the boy his $50.

After some time the next shopkeeper came with the $100 note and told the bookkeeper that the note was a fraud, so he took the money back.

How much loss did the bookkeeper face?

Identify the next two numbers in this series.

101, 112, 131, 415, 161, 718, ???, ???

When a clock is observed, the hour hand is at a minute mark and the minutes hand is six minutes ahead of it.

When the clock is observed again after some time, the hour hand is precisely on a different minute mark and the minute hand is seven minutes ahead of it.

Can you calculate how much time has elapsed between the two observations?

John walks into the daily grocery shop and steals a $100 bill from the shop. An hour later John returns to the shop and buys some daily products for $40. John pays the owner the $100 bill and therefore the owner returns him $60.

How much money did the owner lose?

Railroad Crossing, look out for the cars. Can you spell that, without any R's ?

Three ants are going up a hill, one behind the other. The last ant then says to the other ants, 'There is an ant behind me!'' How come?

Which Travels Faster? Solve below famous picture riddle:

It's been the first day of the school when a young girl was found raped and murdered.
Police suspect four male teachers as on the killers and ask them what they were doing in the morning in time 8:00 am.
1. Wayne: I was reading the newspaper.
2. Terry: I was checking chemistry papers
3. Bridge: I had locked myself in my room as my wife left me.
4. Cole: I dropped my wife to her office.

Who is the killer?

The host of a game show, offers the guest a choice of three doors. Behind one is a expensive car, but behind the other two are goats.
After you have chosen one door, he reveals one of the other two doors behind which is a goat (he wouldn't reveal a car).

Now he gives you the chance to switch to the other unrevealed door or stay at your initial choice. You will then get what is behind that door.

You cannot hear the goats from behind the doors, or in any way know which door has the prize.

Should you stay, or switch, or doesn't it matter?