What happened when the wheel was invented?

There was once a college that offered a class on probability applied to the real world. The class was relatively easy, but there was a catch. There were no homework assignments or tests, but there was a final exam that would have only one question on it. When everyone received the test paper it was a blank sheet of paper with a solitary question on it: 'What is the risk?'.Most students were able to pass, but only one student received 100% for the class! Even stranger was that he only wrote down one word!
What did he write?

All of the flowers I have are orchids except two. All of the flowers I have are hibiscuses except two. All of the flowers I have are roses except two.

Can you tell me how many flowers I have?

Count the number of times the letter "F" appears in the following paragraph:

FAY FRIED FIFTY POUNDS OF
SALTED FISH AND THREE POUNDS
OF DRY FENNEL FOR DINNER FOR
FORTY MEMBERS OF HER FATHER'S FAMILY.

I have holes on the top and bottom. I have holes on my left and on my right. And I have holes in the middle, yet I still hold water. What am I?

In the city of Brain Teasers, 5% of people do not list their phone numbers. Now if we select random 100 people from the phone directory, then how many people selected will have unlisted phone numbers?

Can you arrange four 9's and use at most 2 math symbols, to make the total 100?

What is the longest word in the dictionary?

It has a long neck, A name of a bird, Feeds on cargo of ships, It's not alive,

What is it?

There are three boxes which are labeled as Rs100, Rs150, and Rs200. One box contains two notes of Rs. 50. The second box contains one note of Rs50 and one note of Rs100 The third box contains two Rs. 100 notes. All boxes are labeled incorrectly.

What is the minimum number of boxes you must check in order to label all boxes correctly?