Bus Shelter Riddle

I am working in a bus company. The company recently went under expansion and therefore there was not enough room for all the buses. As a result, twelve buses had to be stored outside.

If the company decides to expand the garage space by forty percent, enough space to accommodate the current buses will be created leaving enough space for twelve more buses if the need arises in future.

Can you calculate the number of buses that the company owns at present?




Similar Riddles

There is a river to cross using a river raft and there are eight people (father, mother, policeman, thief, 2 daughters and 2 sons). No one knows to operate the raft except the adults and also excluding the thief. Only two people can go in the raft at a time. The raft should keep coming back and forth in order to pick and drop the people.
Rules to be followed:
Father: the father cannot stay in the raft or outside the raft without the presence of the mother.
Mother: the mother cannot stay in the raft or outside the rat without the presence of the father.
Thief: the thief is not allowed to stay with any of the family members unless there is a policeman.
Policeman: the policeman can travel with anyone.
2 sons and 2 daughters: they are not allowed to travel in the raft without the presence of an adult. They cannot either travel in the presence of only thieves without the policeman. The sons cannot be with their mothers without their father's supervision. The daughters are not allowed to be there with their fathers without the supervision of their mothers. But the daughters and the sons can be left unsupervised (as long as the other rules are applied).
What is the sequence that the people should follow in order to cross the river through the raft keeping in mind all the rules?
The rules are applicable not only in the raft but also outside the raft.

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Amazing Facts

No Solution

In 2007, a puzzle was released and $2 million prizes were offered for the first complete solution. The competition ended at noon on 31 December 2010, with no solution being found. Wiki