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.
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?
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