I was astonished that this problem was suitable for 8th graders. First of all the formula for the volume of a cone is one of the least-remembered of formulas, and I certainly never remember it. So my only viable approach was calculus, which is probably not a suitable solution for an 8th grader.
Presh Talwalkar: “This was sent to me as a competition problem for 8th graders, so it would be a challenge problem for students aged 12 to 13. When a conical bottle rests on its flat base, the water in the bottle is 8 cm from its vertex. When the same conical bottle is turned upside down, the water level is 2 cm from its base. What is the height of the bottle? (Note “conical” refers to a right circular cone as is common usage.) I at first thought this problem was impossible. But it actually can be solved.”
See the Conical Bottle Problem for solutions.

This is an old problem I had seen before. Here is David Wells’s rendition:
A mathematics friend of mine just sent me this link to a 2017 
Futility Closet presented a nifty method of solving the “counterfeit coin in 12 coins” problem in a way I had not seen before by mapping the problem into numbers in base 3. It wasn’t immediately clear to me how their solution worked, so I decided to write up my own explanation.
Setting aside my chagrin that the following problem was given to pre-university students, I initially found the problem to be among the daunting ones that offer little information for a solution. It also was a bit “inelegant” to my way of thinking, since it involved considering some separate cases. Still, the end result turned out to be unique and satisfying (Talwalkar’s Note 2 was essential for a unique solution, since the problem as stated was ambiguous).
This is a riff on a classic problem, given in Challenging Problems in Algebra.
Here is another imaginative geometry problem from