You want to boil a two-minute egg. If you only have a three-minute timer (hourglass), a four-minute timer and a five-minute timer, how can you boil the egg for only two minutes?
You are confined in a room and given two metal rods. Out of these two rods, one is magnet and the other is the iron rod. They look starkly similar. You don't have any other metal object in the room.