A Miser man decided to go on a vacation for a month. He goes to the bank and asks for a trip loan of $500. The bank officer asks the man that the loan can only be approved when he mortgage some valuable thing at the bank. Miser man mortgages his only car whose worth was a whopping $80000. The Bank officer laughed at him and approve the loan instantly. After vacation when the miser man returns, the bank officer asked him "Are you an idiot, why is your mortgage such an expensive car for such a short loan?".
Miser man replied with some reason and the bank officer agreed that the miser man is actually not an idiot.
What did miser man reply to the bank loan officer?.
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?
You are presented with three boxes. One of them has a red ball inside and the other two have a black ball inside each of them. You are asked to pick up the one with red ball and you pick one. Now, one of the other boxes is opened and it is found to have a black ball.
You are presented with a chance to change your box with the one that is left closed. Will you change your box? Why or why not?
A frog is at the bottom of a 30-meter well. Each day he summons enough energy for one 3-meter leap up the well. Exhausted, he then hangs there for the rest of the day. At night, while he is asleep, he slips 2 meters backwards. How many days does it take him to escape from the well?
