BI picked up on these questions in March. Most are from IBankingfaq.
See how will you answer those.
1. How many quarters would it take to make a stack from the floor of this room to the ceiling?
2. Three envelopes are presented in front of you by an interviewer. One contains a job offer, the other two contain rejection letters. You pick one of the envelopes. The interviewer then shows you the contents of one of the other envelopes, which is a rejection letter. The interviewer now gives you the opportunity to switch envelope choices. Should you switch?
http://www.ibankingfaq.com/interviewing-brainteasers/three-envelopes-are-presented-in-front-of-you-by-an-interviewer-one-contains-a-job-offer-the-other-two-contain-rejection-letters/
3. A windowless room has 3 light bulbs...
You are outside the room with 3 switches, each controlling one of the light bulbs. If you can only enter the room one time, how can you determine which switch controls which light bulb?
4. Four investment bankers need to cross a bridge at night to get to a meeting. They have only one flashlight and 17 minutes to get there. The bridge must be crossed with the flashlight and can only support two bankers at a time. The Analyst can cross in 1 minute, the Associate can cross in 2 minutes, the VP can cross in 5 minutes and the MD takes 10 minutes to cross. How can they all make it to the meeting in time?
5. A car travels a distance of 60 miles at an average speed of 30 mph. How fast would the car have to travel the same 60 mile distance home to average 60 mph over the entire trip?
6. You are given 12 balls and a scale. Of the 12 balls, 11 are identical and 1 weighs slightly more. How do you find the heavier ball using the scale only three times?
7. You are given 12 balls and a scale. Of the 12 balls, 11 are identical and 1 weighs EITHER slightly more or less. How do you find the ball that is different using the scale only three times AND tell if it is heavier or lighter than the others?
And more...at BI
Want more fun ? How about this q:
8. During a visit to a mental asylum, a visitor asked the Director what the criteria is that defines if a patient should be institutionalized.
"Well, said the Director, we fill up a bathtub. Then we offer a teaspoon, a teacup, and a bucket to the patient and ask the patient to empty the bathtub."
Okay, here's your test:
1. Would you use the spoon?
2. Would you use the teacup?
3. Would you use the bucket?
"Oh, I understand," said the visitor. "A normal person would choose the bucket, as it is larger than the spoon."
What was the director's response? (author: easterbaby 2003)
9. You are locked inside a car and have a bat. How do you get out without breaking a window ?
10. Brad stared through the dirty soot-smeared window on the 22nd floor of the office tower. Overcome with depression he slid the window open and jumped through it. It was a sheer drop outside the building to the ground. Miraculously after he landed he was completely unhurt. Since there was nothing to cushion his fall or slow his descent, how could he have survived the fall?
You just pull the plug in the bathtub. (This is a brainteaser?)
If you're locked inside just unlock the car's doorhandle locks. (Once again, this is a brainteaser or am I reading this wrong?)
He is a window cleaner. (I had to google this one :) ).
Right. Let me ask you this now,
How can you eat a bucket full of ice cream in less than 5 minutes (or so) with only a teaspoon at your disposal ?
Assuming you can eat a bucket full of ice cream, you could just use your hands. Or if you're being nifty here reflect sunlight or any other form of light on the ice cream, it will melt and you can drink it.
Do you have 5 minutes from beginning to end or just 5 minutes from the point you start.
Wait for the ice cream to melt, then drink up in 5 minutes.
2) No, because originally you have a 33.33% chance of getting the offer, once you see one of the envelopes, you now have a 66.66% chance of getting the offer and a 33.33% chance of getting the other rejection, you do not switch. variable change
3) It doesn't say the switches are attached to a wall or anything, so just take the 3 switches with you into the room.
5) 60 mph?
5) It's not possible unless you can warp from one place to another instantly. You already traveled 60 miles over 2 hours (30 mph). You can't average 60 mph for the entire trip.
u should switch:
3 Envelopes. 2 Reject and 1 Job
1) You pick Reject A. -You are shown the second Reject. -You switch and you get the Job.
2) You pick Reject B. -Identical scenario
3) You pick Job. -You are shown a Reject. -You switch and you get rejected.
So switching means you win 2/3rds of the time. This is because in no scenario are you shown the Job envelope.
we are told that you are always shown one of the rejects. in that case the interviewer always knows. if he opened a job envelope there would be no point to this question since there would be no point in switching.
u should always switch
6) Initially you'd think to just divide it by 2 three times, but eventually you'll reach 3 balls which won't be able to divide evenly.
The only way to do it is to get some power of 2. So you separate the 12 balls into separate powers of which are 2^3 and 2^2, 8 and 4.
You can divide the 8 again by 2 and get 4.
So just weigh 2 sets of the 4 balls and if they're equal then that means the other set has the heavier ball, and if they're not equal then you know which set has the heavier ball. Divide that set again and measure, and then divide the remaining set of 2 to get the heavier ball.
You take 6 and 6, and set aside the heavier group.
Measure the group you set aside. Then do 3 and 3, again set aside the heavier group.
Use the group you just set aside. Now measure 1 and 1 (with one on the side). If they are equal, the heavier ball is the one on the side. If not equal, you pick the heavier 1.
no need to go into that deep of math
.
I like this question: "How do you value the hot dog stand at Union Square in New York City?
Read more: http://www.businessinsider.com/answers-10-wall-street-interview-questio…
If you're attempt a DCF on this nutty case, what are your assumptions.
Yes @ hopingtobreakin:
comments on the BI article are hysterical
Lads, lads, lads... you always switch the envelope. See the Monty Hall problem here. (Don't discount because it's wikipedia).
http://en.wikipedia.org/wiki/Monty_Hall_problem
Consectetur possimus sapiente molestiae consequatur omnis nisi. Dolor molestias aut rerum vel quisquam doloremque. Asperiores deserunt eos laboriosam dolorem praesentium. Eos enim quis cum veniam vitae ut quidem. Ea rerum temporibus blanditiis autem. Recusandae perferendis ut animi iusto et. Et in harum repudiandae soluta eos dolore eligendi dolorem.
See All Comments - 100% Free
WSO depends on everyone being able to pitch in when they know something. Unlock with your email and get bonus: 6 financial modeling lessons free ($199 value)
or Unlock with your social account...