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?
Three people check into a hotel. They pay $60 for the rent of the room. After they check-in, the manager realize that the rent for the room is $55. So, he gives $5 to the bellboy and asks him to give it to them. The bellboy thinks that it will be difficult for the three people to share $5 among them and seeking the personal benefit, he pockets $2 and gives the remaining $3 to them.
Now, each person paid $20 and got back $1. In this manner, each of them paid just $19 which totals to the amount of $57. The bellboy has $2 with him and adding them, we get $59. So where is the remaining $1?
Two boys wish to cross a river. The only way to get to the other side is by boat, but that boat can only take one boy at a time. The boat cannot return on its own, there are no ropes or similar tricks, yet both boys manage to cross using the boat.
A boy purchased a book from a bookkeeper and gave him $100.
The cost of the book is $50 but the bookkeeper has no change, so he gets the change from the next shop and returns the boy his $50.
After some time the next shopkeeper came with the $100 note and told the bookkeeper that the note was a fraud, so he took the money back.