There was once a college that offered a class on probability applied to the real world. The class was relatively easy, but there was a catch. There were no homework assignments or tests, but there was a final exam that would have only one question on it. When everyone received the test paper it was a blank sheet of paper with a solitary question on it: 'What is the risk?'.Most students were able to pass, but only one student received 100% for the class! Even stranger was that he only wrote down one word!
What did he write?

Out of three Friends John, Jacob and Jonny one of them is a king, one is a bureaucrat, and one is a Spy.

The king always tells the truth, the bureaucrat always lies, and the Spy can either lie or tell the truth.

John says: Jonny is a bureaucrat
Jacob says: John is a king
Jonny says: I am a Spy

Tell me, Who is the king, who is the bureaucrat, and who is the Spy?

What has lots of eyes, but can’t see?

The teacher told the student that if he told a lie then he will be expelled from school and if he told the truth then he still is expelled from school.

What can a student say to prevent his being expelled from school?

Speaking of rivers, a man calls his dog from the opposite side of the river. The dog crosses the river without getting wet, and without using a bridge or boat. How?

You need to move three matchsticks to form three squares. Can you do it?

If Japan and Panama decided to merge into a single country, probably people will name it Japanama.

Can you think of two more such country's unions that could produce similar names like Japanama by overlapping their three letters?

How can you leave a room with two legs and return with six legs?

What came first, the chicken or the egg?

There are four people in a house. A fireman, an athlete, an old woman, and a drunk guy. The house catches fire and before the fact is known, it is too late. All they know is that the entire house is in flames and it will collapse exactly after twelve minutes. Now they can move out of the house but for that, they will have to pass the hallway which is entirely blazing with flames. Thus to move, one must carry a fire extinguisher to keep the flames away. Seeking the burnt wooden floor, only two people can run through that hallway at one time. But for others to go, one must return back with the fire extinguisher. The fireman is trained for such tasks and can run through the hallway in a minute. The athlete can make it in a couple of minutes. The old woman can run slowly and will cover the hallway in four minutes. The drunk guy will take five minutes to run through it. If all of them can make it through the hallway in twelve minutes, all of them will be saved. When two move together, they will run at the speed of the slower ones.

How will all four of them manage to run to safety?