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If the banana market is quoting 100 now, and then moves up 2%, down 5%, up 12%, up 4%, and down 15%, where's the quote now?

And the answer was:

It was a late interview: "Sorry, at the present time, the bananna market is closed."

Additional information

This was asked for a position as an options market maker. The interviewer suggested that the interviewee leave straight away; he didn't get through to the next round.

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AUTHORAnonymous Insider Comment
  • wa
    wady
    4 August 2010

    LIke Teens on facebooooooooooooook , i Like

  • zp
    zpierrot
    15 July 2010

    A stupid question deserves a funny reply. Congratulations.

    Another answer could have been: "I just learnt it went up by 2.35% again a few minutes ago. Do you want me to add it to the maths or would you like to do it yourself and then compare results?"

  • JP
    JP
    8 July 2010

    Well you could think its a trick question and answer 100 but its not, just do the maths

    with a calc, it gives 0;96, given that you should do like monkey because it is way faster

    with no calc, its very tricky and as the recruiter, i would accept a joke as an answer

    these questions serve a simple purpose: see how you react facing a tricky situation

  • as
    asn
    30 June 2010

    surely its 100, thats where it is now??

  • s
    s
    30 June 2010

    Aha, excellent, it is 100 of course.

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