These types of puzzles are known as charades. What you have to do is to find two words that are referred to in the first stanza and the second stanza and put them together to form the third word in the third stanza.
Just for example, if my first refers to 'off' and my second refers to 'ice', then my whole will be the 'office'.
My first is present - future's past -
A time in which your lot is cast.
My second is my first of space
Defining people's present place.
My whole describes a lack of site -
A place without length, breadth, or height.
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?
A generous owner of a company decided to give a bonus of $45 to every man and $60 to every woman on his birthday. But only one-ninth of the men and one-twelfth of the women were present to take the bonus.
Can you calculate the amount of money the owner spent if there were 3552 employees?
Only one colour, but not one size,
Stuck at the bottom, yet easily flies.
Present in sun, but not in rain,
Doing no harm, and feeling no pain.
What is it?
The day before the 1996 U.S. presidential election, the NYT Crossword contained the clue “Lead story in tomorrow’s newspaper,” the puzzle was built so that both electoral outcomes were correct answers, requiring 7 other clues to have dual responses.