I have a situation l don't know how to solve.
Me, a friend (and a third party) went on a holiday which costed us in total $1400.
The friend paid in full however we want to split the cost equally (the friend and l).
A third party involved paid my friend $400 for his share.
I thought that was too much and wanted him to pay $200 for his share so l gave him $200.
I've currently lost $200 and the friend gained $400.
How much do l owe my friend for us to be equal and knowing he gained $400 and I've lost $200 due to the third party?
The $200 paid by the third party is split equally between my friend and me.
Edit: Some of your guy's comments are the funniest things l ever heard, taking everything so seriously. Stop questioning the situation and take it for what it is. The money l gave to the third party was with the approval of the friend. Anything else you guys can think of was with consent from all parties involved. Plus with the comments about me being stingy, l gave more money to the friend than what actual cost of my share was.
Half of $1400 is $700. So you should pay him $700.
Three of you went though. So a third of $1400 is $466.66. So you should pay him $466.66.
He gained $400, but a third of the trip he paid for that other guy was $466.66. So he actually lost $66.66 and that's up to him I suppose.