"Expensive Bat Repair" joke

During the game, the batsman noticed that the splice was coming out of his bat. In his small village, he was at a loss where to take it to be repaired. Finally, he decided that the blacksmith might do the job and went along to ask.

'Splice coming loose, eh?' said the blacksmith.' I get a lot of you chaps in here. I'll have it fixed in a minute.'

He put the bat on the anvil, took an enormous hammer and gave it a mighty smash. The bat was as good as new.

'Marvellous!' enthused the batsman.' How much do I owe you?'

'Let's say a fiver, eh?'

'A fiver? All you did was hit it with a hammer.

'I'll make you out a bill,' said the blacksmith.

He scribbled on a piece of paper and handed it over. The batsman read: To hitting bat with hammer 10 pence. For knowing were to hit 4. 90 pounds.