What is full of holes but still holds water?

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?

Count the Triangle in the figure given below:

What is the centre of gravity?

Can anyone tell me a word in the English dictionary which has a silent 'z'?

10 people came into a hotel with 9 rooms and each guest wanted his own room. The bellboy solved this problem.
He asked the tenth guest to wait for a little with the first guest in room number 1. So in the first room, there were two people. The bellboy took the third guest to room number 2, the fourth to number 3, ..., and the ninth guest to room number 8. Then he returned to room number 1 and took the tenth guest to room number 9, still vacant.
How can everybody have his own room?

Six people park their car in an underground parking of a store. The store has six floors in all. Each one of them goes to a different floor. Simon stays in the lift for the longest. Sia gets out before Peter but after Tracy. The first one to get out is Harold. Debra leaves after Tracy who gets out on the third floor.

Can you find out who leaves the lift on which floor?

Eight Chelsea player makes the following statements :

1. Seven of us are lying here.
2. Six of us are lying here.
3. Five of us are lying here.
4. Five of us are lying here.
5. Four of us are lying here.
6. Three of us are lying here.
7. My name is Torres.
8. My name is Lampard.

The last two are Lampard and Torres or maybe Torres and Lampard.
So can you deduce which of the last two is Lampard or Torres?

At a party, there are five people and a whole round cake lying at the centre of the table. Only four people will make a cut and take their piece and the last one will get the remaining piece on the table. How can they make sure that everyone gets a 1/5th of the piece?

There are two insects on a tile. Insect X is sitting on one side of the tile (point A) and Insect Y is sitting opposite on the other side of the tile (point B). Now both of them decide to change their position and thus X starts crawling to point B and Y starts crawling to point A. When they meet and pass each other in between, X takes 20 seconds to reach B and Y takes just 5 seconds to reach A.

Can you calculate the total time each of the insects took to change their positions?