There are hundred red gems and hundred blue gems. The blue gems are priceless while the red gems equal wastage. You have two sacks one labeled Heads and the other Tails. You have to distribute the gems as you want in the two sacks. Then a coin will be flipped and you will be asked to pick up a gem randomly from the corresponding sacks.
How will you distribute the gems between the sacks so that the odds of picking a Blue gem are maximum?
The owner of a popular clothing store comes up with his own method of pricing items. A vest costs $8, socks cost $10, a tie costs $6, and a blouse costs $12. Using the owner’s method, how much would a pair of underwear cost?
There was a blind man. He had four socks in his drawer either black or white. He opened it and took out two socks. Now the probability that it was a pair of white socks is 1/2.
Can you find out the probability that he had taken out a pair of black socks ?
There are people and strange monkeys on this island, and you can not tell who is who (Edit: until you understand what they said - see below). They speak either only the truth or only lies.
Who are the following two guys?
A: B is a lying monkey. I am human.
B: A is telling the truth.
