Please try out these exercises which I have downloaded from the Internet. :)
http://dl.dropbox.com/u/55776142/VLSM_Exercises.doc
I will go through them probably on Wednesday or Friday.
Good job, everyone ! Here are the solutions. Seems like most students can complete the questions within an hour.
http://dl.dropbox.com/u/55776142/VLSM_Exercises_Solutions.doc