Thiefs

[jainbrijesh]

There are 5 thiefs and they rob a bag of gold coins in it. There were 100 gold coins.They decided to divide the gold coins among themselves.
There was a seniority level among the thiefs.
1 means highest seniority and 5 means lowest seniority .
So dey decided that thief with the highest seniority will propose a method to divide gold coins and then there wud b a polling. If there is atleast 50% majority in favour of him then his proposal will b accepted otherwise other thiefs will kill him and now the next seniormost thief will propose a method and again a polling will held..nd the story goes on....
The thiefs are equally greedy and equally intelligent.
What proposal wud u put if u were been the senior most thief ?

The answer may be we all will take 25 coins each from level 1 to level 4 but the level 5 will not get anything.Hence the polling result will also be maximum 75%(3 out of 4 will favor this), why?

because if 2nd level thief think that he can gain more than he can't, because after killing one, still there will 4 to divide 100, again option of 25 each.same for 3rd and 4th.5th will be the only loser and vote against, but who care?