Clarification : Only one of these 3 boxes has the key.
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Since only 1 of the statements is false , the other 2 should probably be true :
If the 1st statement is false , then statements 2 and 3 should be true , which is alright since there is no contradiction.
If the 2nd statement is false , then statements 1 and 3 should be true . But the 2 statements(1&3, that are supposed to be true) are contradicting each other, making them wrong.
If the 3rd statement is false , then statements 1 and 2 should be true .But the 2 statements(1&2, that are supposed to be true) are contradicting each other, making them also wrong.
Since we know that the 1st Statement is the False Statement , the remaining two statements are True :
The key is in Box 1: False
The key is in Box 2: True
The key is not in Box 1: True
Thus, the key is in the 2nd Box