Truth Of a Strange Liar

What was his story? 

To find the truth we need to logical deduction here.

Now if statement on Day 1 is untrue then Richard must be telling the truth on Monday or Tuesday. 

And if Day 3 statement is untrue then he must be telling the truth on Wednesday or Friday. 

But he speaks true only on 1 day. So both statements of Day 1 & Day 3 can't be true at the same time. If so, then Richard speaks true on 2 days either Monday/Tuesday or Wednesday/Friday. This means that one of statements from Day 1 must be true & other must be untrue. That also makes the statement on Day 2 untrue always.

Case 1 : Day 3 statement is untrue.

In this case, Richard must be telling truth on either Wednesday or Friday. The statement on Day 1 would be true according to above logical deduction. Hence Day 2 must be either Thursday or Saturday. In both cases, statement on Day 2 would be true.

Case 2 : Day 1 statement is untrue.

If the statement made on Day 1 is untrue then Richard tells truth on Monday or Tuesday. Other statement on Day 3 must be true means Day 3 must be either Monday or Tuesday. If so, then Day 2 must be either Sunday or Monday. In case of Sunday, Day 2 statement would be true & in case of Monday Day 2 statement would be untrue. Hence Day 2 must be Monday & Day 3 must be Tuesday.

So Richard tells truth on Tuesday.